The Yanks have spent for sure. They’re just averse to long term contracts for pitchers. Right now, Hicks at 6 more years and Stanton at 8 more years, are our long term deals. Our longest non arb pitcher deal is Severino and his deal was for four seasons. There was an interesting stat making the rounds that we have not signed a starting pitcher for more than 4 years since we signed Tanaka prior to 2015. And they haven’t offered a pitcher more than 5 years since that time as well, which is why Corbin is playing in Washington. Chapman was our longest pitcher deal since Tanaka and at this point it was a resounding success.
What Cashman needs to be willing to do is to go the extra mile for the top tier guys. Corbin wasn’t top tier, so I get the aversion. But Cole and Strasburg are top tier arms and a price comes with them. Typically, the top tier arms don’t Carl Pavano you. Even when they show diminished stuff like Price did on signing, they still give good to great production for the first half of the contract. Also, Cole just turned 29, so he’ll be a year younger than Price was on signing his deal.
Now Strasburg will likely come cheaper than Cole. Strasburg is 31 and has quite the injury history. So maybe he fits the 5 year window the yanks are willing to offer. But the price on him is gonna be closer to $25-$28 mil AAV. Cole is 29, and has thrown 200+ IP 4 of the last 5 seasons. He’s also the most dominant force in baseball right now. He’s gonna get a 7-8 year deal likely with an AAV over $32 mil. Now, maybe the Yanks get creative and turn it into a 3 yr deal? 8 yr $240 mil deal with half the contract coming in the first 3 seasons and an opt out? Who knows, but the price will be very steep and we need to be willing to pay it