This all stems from a big overreaction to the Red Sox winning the World Series in 2004 and again in 2007, then to top it off, Tampa winning the division and going to the World Series in 2008.
The Yankee brass at that point panicked as they felt like they were third in the division, so they spend a total of 450 million (that's half a billion dollars with a B) on free agents in the 2008 off season and they won (or bought) a WS title in 2009.
They've been paying for it ever since. Teshata looks awful out there, A-Rod is a walking corpse, CC is as well for the most part.
Then they overspent on Dreamboat in center and coconut head behind the plate, two more horrible signings, although noodlearm in center got an assist on a throw out at home last night.
Look at the Red Sox, they did the same thing by letting Lester go, then panicking and signing Price to a 30 million dollar a year contract and so far, he's been a complete and utter disaster, they are 9-13 in games he's started. If that number was flipped, they'd be three games up in the AL East instead of on the outside looking in on the playoff picture.
Huge, free agent contracts are a disaster waiting to happen; you need to draft right, develop young talent as your core players, then fill in here and there with free agents as needed.
The Yankees will be right back in this same boat if they open up their checkbook to Harper in a few years; he's a great talent, but at some point, that talent falls off the table and then you are stuck, just ask the Angels with Pujols.
I'll take a Red Sox team of Vasquez, Shaw, Pedrioia, Boegarts, Moncada, Bennitendi, JBJ and Betts with Hanley as the DH; that's a total of 8 home grown players and one who came up through the RS system before being traded for Beckett, who pitched his *** off and carried them to a WS title in 2007....................