Royal: I have my own business abra cost “The Yanks are caught in it right now, wanting to get under the luxury tax, but also caught with a lot of contracts of guys on the downside of their careers,” the executive says. “They haven’t had a young, stud pitcher come up. Phil Hughes was supposed to be that guy, but he took a step back and never really became that. That’s where they kind of missed — there’s been no Jeter, no Cano, so they were forced to get these free agents. If you do that, you’re going to sign the big contracts. If they could’ve developed better players and not had to go out and get guys like Teixeira, then they wouldn’t be in this position.”