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On Dec. 8, one month and nine days after a nightmare fifth inning torpedoed the New York Yankees‘ hopes of overcoming a 3-1 deficit to the Los Angeles Dodgers in the World Series, the Yankees absorbed another franchise-shifting loss at the winter meetings in Dallas.

Juan Soto wasn’t returning. And he wasn’t just not returning — he was signing with the New York Mets.

The Yankees offered the superstar outfielder a 16-year, $760 million contract. When he rejected it, general manager Brian Cashman and his front office turned to plans they had devised during their pursuit of Soto should they need to pivot. His departure set in motion a flurry of activity over a 12-day stretch in mid-December to attempt to raise the floor on a roster with franchise cornerstones Aaron Judge and Gerrit Cole still in their primes.

“You can’t replace a Juan Soto,” Cashman told ESPN this week. “So how do you cushion the blow and diversify that throughout the lineup? And then the defense was a real problem on our roster. We had a bad defensive team. We have an opportunity to upgrade the defense at the same time, which will improve our run prevention and our pitching. So, getting more athletic, getting more protection on the defensive front while still trying to provide good, strong balance on the offensive side was, ultimately, the simple framework.”

The Yankees believe their aggressive restoration attempt after an uncharted disappointment — losing a bidding war for your superstar free agent? To the Mets? — wasn’t just successful. They believe it was an upgrade.

“Some people may disagree with me,” Yankees owner Hal Steinbrenner told the YES Network on Tuesday, “but some people will agree with me: I think we have a better team right now than we did a year ago today.”


The Yankees’ first post-Soto move — just 48 hours after Soto accepted a 15-year deal worth $765 million guaranteed to defect to Queens — was to bolster a strength: They added another front-line arm to a deep rotation with an eight-year, $218 million contract with Max Fried, one of the three best starters on the free agent market.

A day later, the Yankees agreed to re-sign reliever Jonathan Loaisiga to a one-year, $5 million deal. Two days after that, they acquired Devin Williams, arguably the best closer in the sport, from the Milwaukee Brewers for left-hander Nestor Cortes and prospect Caleb Durbin. Four days later, they finalized a trade with the Chicago Cubs for Cody Bellinger. Three days after that, they acquired reliever Fernando Cruz and catcher Alex Jackson from the Cincinnati Reds for backup catcher Jose Trevino.

Then, on Dec. 21, the last major addition: an agreement with veteran first baseman Paul Goldschmidt on a one-year, $12 million contract.

“The Soto deal is insane,” a rival executive said. “It could be a blessing in the end. Fried is an ace. Bellinger might hit 30 HRs there and shores up their defense. Goldschmidt is a Hall of Famer. Added a bullpen arm. All in all, pretty good.”

The Yankees let second baseman Gleyber Torres and relievers Clay Holmes and Tommy Kahnle walk in free agency. Anthony Rizzo and Alex Verdugo are among the other contributors from last season’s club who won’t return.

“I think they’ve pretty much nailed everything they’ve done,” a rival scout said.

Among the Yankees’ potential targets in a pivot were left-hander Blake Snell and shortstop Willy Adames. The team held Zoom calls with both free agents. Real interest was expressed from both sides. But both players decided to sign in the week before Soto made his choice. The Yankees, not wanting to commit to any long-term deals before knowing where Soto would sign, watched them go elsewhere.

The Yankees also held a Zoom call with Corbin Burnes, the third of the big three free agent starters, but an offer was never made, sources said. The Yankees, with Snell off the market, instead focused on Fried.

In the bullpen, Williams represents an upgrade over Holmes, the Yankees’ closer until he lost the job in early September, though it could be for just one season. Williams arrives with just one year of control remaining, just like Soto had.

“At the end of the day, we are trying to win,” Cashman said. “It’s a win-now move, just like Soto’s acquisition the previous year was a win-now move. And, obviously, the Yankees are about impact and trying to find impact.”

The Cubs, seeking to free up payroll, were between trading Bellinger to the Yankees or Toronto Blue Jays, according to sources with knowledge of the negotiations. The Cubs ultimately settled on the Yankees’ offer of right-hander Cody Poteet, also sending the Yankees $5 million to pay down Bellinger’s salary over the next two years.

At the time of the trade for Bellinger, the Yankees were still shopping for a first baseman. They never had interest in signing Pete Alonso, sources said. Christian Walker could have been a fit, but the Yankees decided they didn’t want to pay the penalty for signing a player who was given the qualifying offer. The Yankees engaged in discussions with the Cleveland Guardians on Josh Naylor, but the two sides couldn’t come to a resolution, according to a source, before Naylor was traded to the Arizona Diamondbacks.

In the end, it came down to giving the job to Ben Rice, a rookie last season, or signing one of two free agents in their late 30s: Goldschmidt or Carlos Santana. Goldschmidt, another former MVP, is 37 years old and coming off his worst season, but the Yankees were encouraged enough by his strong second half (.271/.319/.480) with St. Louis to make the low-risk investment.

Goldschmidt’s down season — he batted .245 with 22 home runs, a .716 OPS, and 1.1 fWAR — would still be a considerable improvement on the production the Yankees received from their first basemen in 2024, who ranked last in the majors in OPS (.594), tied for 26th in home runs (17) and 27th in fWAR (-1.2).

Offsetting the loss of a player of Soto’s caliber — one who recorded a .989 OPS, blasted 41 home runs, posted an 8.1 fWAR, routinely delivered in clutch situations and made life easier for Judge hitting behind him — is an inexact science, with several moving pieces beyond all those transactions.

Judge is slated to move from center field, where the metrics said he performed poorly last season, back to right field. Jasson Dominguez, the organization’s top prospect, should be given an extended run for the first time after September call-ups the past two seasons — and he should be an upgrade in left field over Verdugo, one of the least productive regulars in baseball last season. Add Bellinger in center field, and the Yankees’ outfield projects to drastically improve defensively.

“What’s going to matter ultimately is the wins and losses that transpire over the six months when we open March 27th,” Cashman said. “Once that starts, that’s the real world. Sleep on us, don’t sleep on us. Overrate us, underrate us. None of it matters. All that matters is us winning. And if we win as much as we’re capable of winning, then it keeps those dark storms, that are really not fun to deal with, away. And that’s all I care about.”


The Yankees aren’t quite finished yet. They would like to further replenish the roster in two areas.

Acquiring a third baseman or second baseman — and having Jazz Chisholm Jr. play the other position — remains on their to-do list, though club officials maintain they have internal options, including DJ LeMahieu, Oswaldo Cabrera and Oswald Peraza. Trading for Nolan Arenado or signing Alex Bregman are not among the options, sources said.

They could also use a left-handed reliever; the team’s 40-man roster currently doesn’t include one. A reunion with Tim Hill, who excelled after joining the Yankees in June and recorded a 2.05 ERA in 35 appearances, is on the table.

Financially, the salaries of Goldschmidt, Fried, Williams and Bellinger will combine for $74.6 million on the Yankees’ competitive balance tax (CBT) payroll while Soto alone will count as $51 million against the Mets’ CBT ledger. To facilitate further acquisitions, however, the Yankees prefer to shed right-hander Marcus Stroman‘s contract, which includes $37 million over the next two seasons. The Yankees’ current projected CBT payroll is $302.9 million, according to Cot’s Contracts, putting them nearly $62 million over the tax threshold.

Since they’ve been over the tax for at least three straight years, the Yankees would be taxed at a base rate of 50% plus a 60% surcharge if they exceed the threshold by at least $60 million at the end of the season.

Last season, the Yankees paid a $62.5 million tax for their $316 million CBT payroll. The tax bill was the third-highest among the nine payees. The Mets were second. The team that beat them in October was first.

The Dodgers, after investing more than $1 billion in player contracts last winter, continued splurging after winning the World Series, committing more than $450 million to free agents this winter after paying a $103 million tax payment on top of their $353 million payroll last season. Their spending spree has drawn angst from all corners of the baseball world — including from the Yankees, once the free-spending Goliath who engendered ire throughout the industry.

“It’s difficult for most of us owners to be able to do the kind of things that they’re doing,” Steinbrenner said.

The Yankees, according to Forbes, are the highest valued franchise in the majors and the fourth-highest-valued sports franchise in the world at an estimated $7.55 billion. The Dodgers rank a distant second in baseball and 24th in the world at $5.45 billion but are making major inroads in Japan with Shohei Ohtani, Yoshinobu Yamamoto and now Roki Sasaki on the roster.

For now, the Dodgers are the defending champions, and they are, on paper, better than ever — with All-Stars seemingly everywhere. The Yankees, without Soto, will try to chase them down with a very different roster after a very busy offseason. Time will tell if their pivot was enough.

“It’s impossible to make 110% great decisions at all times,” Cashman said. “We’re trying to aspire to that, but maybe this ’25 version will be the magic run. We’ll see.”

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‘Incredible’ Tkachuk returns, nets 2 for Panthers

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'Incredible' Tkachuk returns, nets 2 for Panthers

TAMPA, Fla. — Matthew Tkachuk made his long-awaited return to the lineup and was back to his old self quickly on Tuesday night for the Florida Panthers, who opened this postseason the way they ended last postseason: With a win.

Playing for the first time in more than two months after dealing with a lower-body injury, Tkachuk scored two second-period goals in his return game, as the Panthers handled the rival Tampa Bay Lightning 6-2 in this Eastern Conference first-round series opener at Amalie Arena.

Those two goals were both of the power-play variety, the first putting Florida up 4-1 — the second goal for the Panthers in a 14-second span — and the next one pushing the lead to 5-1 midway through the second period.

It was just like old times: Tkachuk got twisted up with Tampa Bay’s Brandon Hagel — someone he fought during the 4 Nations Face-Off tournament — after one whistle, took the game’s first penalty on a roughing call (leading to Tampa Bay’s first goal), then made sure his name was all over the score sheet.

Florida coach Paul Maurice, in his in-game, bench interview with ESPN’s Emily Kaplan, said he was comfortable with what he was seeing from Tkachuk in his first game back and expected him to “be the difference-maker” for the Panthers.

“That’s what he is for us,” Maurice said. “He’s got an incredible set of hands, got an incredible gift for the emotional needs of a game, when you need a hit, when you need a big play. He’s been great for us.”

Sam Bennett and Sam Reinhart also scored for the Panthers, and veteran defenseman Nate Schmidt, not known for his offense, added two more goals, as Florida, which won the Stanley Cup last June, hammered an Atlantic Division foe in front of a sellout crowd, setting up an all-important Game 2 on Thursday.

Tampa Bay goaltender Andrei Vasilevskiy will need to be sharper in that game, after a Tuesday performance to forget. The two-time Stanley Cup winner allowed all six goals on just 16 shots, closing with a .625 save percentage. Across the ice, Florida’s Sergei Bobrovsky made 20 saves en route to the win.

“The series isn’t won in one game, so there’s a positive. We had a bunch of guys tonight playing their first playoff games, and I thought guys handled it fairly well,” Tampa Bay coach Jon Cooper said. “But in the end, we gave up six goals. We’re a pretty decent defensive team, and we have a very good [penalty-kill unit], and we gave up three [goals] on that. … In the end, those are areas of strength of ours, so I’m pretty confident we can button those up, and we’ll be OK.”

Jake Guentzel, in his first season with the club, and Brayden Point scored for Tampa Bay. But the Lightning played the final 33:30 without center Anthony Cirelli, and it showed. There was no immediate word why the 27-year-old center was out.

“We gave up 16 shots, and that’s usually a good night, but tonight wasn’t that. They’re a good team, we know they have good players,” Tampa Bay defenseman Victor Hedman said. “So, for us, it’s all about refocusing, make sure we have a good practice tomorrow, and get ready for the next one.”

Whether Tkachuk would even play in Game 1 wasn’t certain until just before game time. Tkachuk went through practices Saturday and Monday, then took part in the team’s day-of-game skate Tuesday before the decision on his return was made. Maurice even indicated that it could come down to the final few minutes before the 8:48 p.m. start time of the game.

“It’s not really a guy you can put a label on,” Schmidt said of Tkachuk. “He’s such a unicorn of a player. But, more than anything, just how he is in the room, getting the guys fired up for the game, you feel his energy, you feel his excitement.”

Tkachuk hadn’t played for the Panthers since Feb. 8 because of a lower-body injury suffered during the 4 Nations Face-Off tournament two months ago. He missed the team’s final 25 games of the regular season, yet still finished with 22 goals and 57 points — third most on the team in all three categories. He was also second on the Panthers this season with 11 power-play goals.

“There’s no better time to be an athlete,” Tkachuk told Kaplan in a postgame interview, in reference to the postseason. “This is the time of our lives. And just getting a win here in Game 1 is the cherry on top.”

Panthers forward Brad Marchand, acquired at the NHL trade deadline from the Boston Bruins, made his postseason debut for his new team in the win and also played with Tkachuk for the first time. Marchand had an assist and two shots on net in his 17:15 of ice time, and seemed to fit right in with Florida’s dominant forward group.

“Both teams will look at the tape and find things that they can do better,” Maurice said after the win. “But there isn’t an established identity to the series yet.”

The Associated Press contributed to this report.

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Limping Lightning seek ‘another level’ after loss

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Limping Lightning seek 'another level' after loss

Tampa Bay Lightning defenseman Ryan McDonagh stated the obvious: The 6-2 humbling they suffered against the arch-rival Florida Panthers on Tuesday night was not how they wanted to begin the latest Battle of Florida.

“It’s definitely a salty feeling in here. We didn’t have a great start to this series like we talked about,” the veteran said. “But we know we can be better. We’ve got another level and we’ll find a way to get to that.”

The Panthers took a 1-0 series lead by scoring six times on 16 shots against Lightning goalie Andrei Vasilevskiy. After Sam Bennett and Jake Guentzel traded goals in the first period, the Panthers scored four straight times — including goals by Nate Schmidt and Matthew Tkachuk that were 14 seconds apart in the second period. Schmidt’s goal was unsuccessfully challenged for goalie interference by the Lightning, earning a delay of game penalty. Tkachuk scored on the ensuing power play to make it 4-1.

“Yeah, you’ve got to stop that bleeding,” defenseman Victor Hedman said. “We give up that third one. The challenge that didn’t go our way and we give up one right away. That’s tough, but we got to make sure it stops there and not give up the fifth one as well.”

Tkachuk, returning to the Florida lineup for the first time after being injured in February’s 4 Nations Face-Off, scored his second of the game on the power play at 9:44 of the second period to make it 5-1 for the Panthers, en route to the 6-2 rout.

“You see him being able to step into a game and be impactful,” Schmidt said of Tkachuk. “That’s who he is. He’s a playoff player.”

Lightning coach Jon Cooper, who has won two of the three Battle of Florida playoff series against the Panthers, appreciated his team’s effort despite the result.

“I love this team. They try. They’re always trying, and they did that again tonight. Sometimes the results aren’t there. Most nights they are,” he said. “We can sit here and dissect this game all we want. The bottom line is we lost. Whether you lose 6-2 or you lose 1-0 in overtime, we lost the game. Turn the page and move on. Let’s sit here in 48 hours or whatever it is and dissect that one. This one’s over.”

The Panthers are the reigning Stanley Cup champion. Cooper noted that a number of his players were seeing their first playoff action in Game 1.

“We had a bunch of guys tonight playing their first playoff games, and I thought guys handled it fairly well. But in the end we gave up six goals,” he said. “The series isn’t won in one game, so there’s a positive.”

That said, it took just one game for the Panthers to flex on the Lightning defense and special teams, going 3-for-3 on the power play. One huge factor in that domination was an injury to Lightning center Anthony Cirelli, their best defensive forward and a key to their penalty kill. He left the game after taking two shifts in the second period. There was no update on his status after the game.

Game 2 is Thursday night at Amalie Arena in Tampa.

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Amaya blast keys Cubs, ‘something you dream of’

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Amaya blast keys Cubs, 'something you dream of'

CHICAGO — Catcher Miguel Amaya was confident he’d be jogging around the bases when he blasted a two-out, ninth-inning baseball high into the Wrigley Field sky with his Chicago Cubs trailing 10-9 to the Los Angeles Dodgers on Tuesday night.

He was right — but just barely.

Amaya’s 388-foot shot landed in the center field basket, sending the home crowd into a frenzy as Dodgers closer Tanner Scott blew the save. And one inning later, the Cubs won the game 11-10 on an Ian Happ run-scoring single off Noah Davis, capping yet another wild affair at Wrigley.

According to Statcast, Amaya’s blast would have been a home run in exactly one park in the majors.

“As a baseball player, its something you dream of,” Amaya said. “As soon as I hit, I felt it was out but then I saw the center fielder getting into position to catch it. Then it was, ‘Oh my god, I have to run,’ but it was enough to get out.

“I love those basket balls.”

It was the second time in five days that both teams playing at Wrigley scored 10 or more runs; on Friday, the Cubs beat the Diamondbacks 13-11 thanks to a six-run eighth inning that was preceded by a 10-run frame by Arizona.

On Tuesday, the Cubs led 5-3 after the first inning, but the Dodgers took a 10-7 lead thanks to a five-run seventh aided by an error from third baseman Gage Workman. As has been the case all month, the Cubs kept fighting back. Right fielder Kyle Tucker brought them within one with an eighth-inning home run before Amaya tied it in the ninth.

“They’ve done some amazing things and some resilient things, most importantly,” Cubs manager Craig Counsell said of the team’s play on its homestand. “You win games like that early in the season and it’s a great carry forward for the rest of the season.”

The Cubs improved to 15-10 thanks to a high-powered offense that leads the league in scoring at just over six runs per game. They’ve tallied 10 or more runs in seven games already, their most through 25 games of a season since 1895, according to ESPN Research. No other team this season has done it more than 3 times.

Counsell credited his bullpen in shutting down the Dodgers in the final few innings.

The Cubs also did well facing Dodgers superstar Shohei Ohtani. He went 0 for 4, lowering his batting average against them this year to .167. Against all other teams, he’s hitting .302.

He also went 0-for-3 against Shota Imanaga and is now 0-for-10 against the Cubs starter.

“The next 10 at-bats he might get 10 hits,” Imanaga said. “It’s been a small miracle that it’s happened 10 times in a row.”

The Cubs keep on performing miracles at the plate both in the colder conditions this month and in the few games where the weather has been favorable for hitters. That included Tuesday, when it was 71 degrees with the wind blowing out at first pitch. It led to six home runs, none bigger than Amaya’s.

“Basket hurt us a couple times last year,” Counsell said with a smirk. “It was helpful tonight.”

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