As everyone awaits if Manny Machado will sign with the Yankees, or elsewhere, perhaps the Bombers are no longer the big-spending behemoth they once were.
According to the final MLB spending figures obtained by The Associated Press for 2018, the Yankees had the sixth-highest payroll in the leauge at $182.7 million.
It marked a significant decrease of more than $25 million from the 2017 season and was their smallest payroll figure since 2003.
The last time the Yankees finished as low as sixth in the league in payroll was 1992 when they were ninth at $34.5 million -- the final season of owner George Steinbrenner's 2.5 year suspension.
The Yankees had wanted to cut payroll in 2018 in order to stay below the luxury tax threshold of $197 million and reset their base tax.
This was the first time the Yankees stayed below the luxury tax since 2003.
The Yankees' decline in payroll was part of a larger trend in MLB last season that saw an $18 million decrease in spending despite an increase in overall revenue from $9.1 billion to $9.3 billion.
It was the first time payroll has dropped since 2010, which was a $3 million decline.