In the 2010-11 offseason, the Yankees were so publicly thrashed for losing the winter they overreacted by signing Rafael Soriano to a three-year, $37 million contract over the objections of general manager Brian Cashman.
So forgive me if I will only believe the Yankees are truly out on Josh Hamilton when I see him at a press conference for another team. They keep insisting they are the new Yankees, more prudent, less reactionary, more careful about long-term expenditures on anybody, much less fragile cargo such as Hamilton — in part because of the lessons learned in the aftermath of Orlando.
Hamilton obviously carries a lot of risk, but would the Yankees be better off committing to him for say four or five years and letting Robinson Cano walk at the end of the year? I think once you factor in position Cano’s more valuable than Hamilton, but I’d imagine being off the hook on paying one or the other sooner rather than later would be more beneficial to the team in the long-term, and signing Hamilton for 2013 probably makes the Yankees one of the favorites in the AL.