Yesterday, arbitrator Frederic Horowitz released his decision that A-Rod’s suspension for violating MLB’s collective bargaining agreement for using banned substances should be reduced from 211 games to 162 games. A-Rod will miss the entire 2014 season, including the playoffs, but under the CBA, nothing will prevent him from showing up to Spring Training. A-Rod will seek an injunction in Federal Court, but the odds of his case being heard are ‘very slim‘. A-Rod will not collect his $26 million salary and the Yankees can essentially coin it as ‘found money’ for other free agents or trades.
It remains to be seen whether the Steinbrenner family will rid themselves of A-Rod by cutting him and eating the three year, $64 million remaining on the deal. Baseball contracts are fully guaranteed, so the Yankees will have to pay out $64 million. This is decision is a topic for another article, but in the context of the 2014 season, the Yankees have $155 million committed to players and will likely pay out another $13-$15 million in arbitration. We’ll get into specifics after the jump, but as sit stands, the Yankees have another $26 million at their disposal and an even bigger gap at third base.