In recent weeks, the New York Yankees have been actively examining the bullpen market. But their early enthusiasm for Hector Neris did not result in a purchase. According to Jeff Passan of ESPN, Neris, who was formerly with the Houston Astros, has now agreed to a one-year contract with the Chicago Cubs.
Neris’ Deal with the Cubs and Yankees’ Decision
Neris was signed by the Chicago Cubs to a deal that included a 2025 club option. Interestingly, if Neris pitches in 60 games, the $9 million team option for 2025 becomes a player option, with the possibility to earn incentives worth up to $23.25 million.
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The Yankees’ unwillingness to make a significant financial commitment to a reliever who is 34 years old, especially considering his recent career-high performance, played a role in their decision to pass on Neris. Although Neris’ 1.71 ERA over 68.1 innings last season was excellent, his inconsistent play in prior seasons—during which his ERA did not fall below 3.00—caused some to worry about possible regression.
Yankees’ Bullpen Alternatives and Payroll Considerations
With Neris out of consideration, the Yankees, under the leadership of General Manager Brian Cashman, are likely to concentrate on retaining internal bullpen assets such as Wandy Peralta and potentially re-signing Keynan Middleton. Both pitchers previously performed well with the Yankees and could offer valuable support to the bullpen.
Cashman’s approach reflects a careful spending strategy, particularly given the team’s current payroll situation. The Yankees have already reached a $300 million total active payroll, and it’s important to set aside funds for Juan Soto’s expected extension next year.
The most notable offseason transaction for the Yankees involved Marcus Stroman, who agreed to a two-year, $37 million contract. While Stroman wasn’t the team’s primary pitching target in free agency, he is anticipated to be a reliable addition, bolstering the rotation, especially if Carlos Rodon and Nestor Cortes successfully recover from their injuries. This acquisition highlights the Yankees’ strategy of balancing talent acquisition with financial responsibility as they gear up for the upcoming season.
