Hal Steinbrenner: Yankees have ‘considerable’ funds, willing to spend for right guy

By Michael Dixon
Mar 15, 2015; New York, NY, USA; New York Yankees owner Hal Steinbrenner before the New York City FC vs. New England Revolution soccer game at Yankee Stadium. Mandatory Credit: Noah K. Murray-USA TODAY Sports

Traditionally, the New York Yankees have been quite willing to spend. That’s not changing with owner Hal Steinbrenner in 2018.

In a recent interview with┬áMeredith Marakovits of the YES Network, Steinbrenner made it known that he’s willing to increase the payroll. For the right person, he’d even explore going over the luxury tax threshold.

“I would have to see where we are, who the person is, how badly that position needs help, so to speak, but I will say, we have a considerable amount of money to spend and I’m not averse to spending it,” Steinbrenner said. “A considerable amount even staying under (the threshold). We’ve got some options there, flexibility.”

The big move would be to upgrade the starting rotation beyond Luis Severino. Even if the Yankees are unlikely to acquire ace Jacob deGrom from their crosstown rivals, other options exist. While not the biggest names in the world, J.A. Happ, Cole Hamels, or conceivably, both, would upgrade the rotation.

Whether that happens remains to be seen. But Yankees fans can at least take comfort and knowing that if the right upgrade is available, money will not be the issue.