Both ESPN’s Buster Olney and the NY Post’s George A. King III are reporting that sources have told them that after the Yankee Brass met Friday, they set two main goals: to re-sign Andy Pettitte and cut payroll below last season’s opening day payroll of $201 Million.

As King points out, the Yankees face a much different off-season then the one preceding last season.  The Yankees had a ton of holes to fill and had almost $100 Million coming off the payroll to fill those voids with.  This time around, virtually no money is coming off the payroll, and the Yankees only have three, much smaller, voids to fill – left field, designated hitter and a number 3 pitcher.

It is clear the Yankees can meet their needs while still cutting payroll.  A championship caliber team is created by talent, first and foremost, but that team wins only if they bond and have players that will step up for each other when the team needs it.

My point, is the Yankees don’t need to drop $15-20 Million/year on a guy like Jason Bay to win a second consecutive championship, or give up 3-4 prospects to rent Roy Halladay from the Blue Jays for one season.