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Yankees are set to pay out $70 million to players on the down-swing in 2024

The New York Yankees are facing a financial conundrum, caught between the rock of high-paying contracts and the hard place of underperforming veterans. This year was a nightmare scenario—the team spent a fortune without seeing adequate returns on their investments. These bad contracts have now become massive financial burdens that are challenging to move due to trade clauses and underperformance.

Brian Cashman, the Yankees’ general manager, clearly needs to reconsider his approach to free-agent signings and big contract trades. After all, the majority of his recent deals have proven to be disastrous.

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Giancarlo Stanton: A Whopping $32 Million

Let’s start with the elephant in the room—Giancarlo Stanton.