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Are the Yankees preparing for a shopping spree?

Tampa Bay Rays v New York Yankees

NEW YORK, NY - JULY 08: General manager Brian Cashman of the New York Yankees speaks to the media after the game against the Tampa Bay Rays was postponed due to rain on July 8, 2011 at Yankee Stadium in the Bronx borough of New York City. (Photo by Jim McIsaac/Getty Images)

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Sources close to ESPN’s Andrew Marchand tell him that the Yankees are preparing for a shopping spree that could total as much as $300 million. Marchand recalls that the last time the Yankees unloaded that much money in a single off-season came after the 2008 season, when the Yankees committed a total of $423 million to CC Sabathia, Mark Teixeira, and A.J. Burnett.

The Yankees are expected to push for Japanese pitcher Masahiro Tanaka and many believe they will eventually bring second baseman Robinson Cano back after he deflates his price. As their catching situation is a bit of a mess, Brian McCann would make some sense. They have had their eye on veteran outfielder Carlos Beltran as well.

With Alex Rodriguez’s future up in the air as his legal battles are pending, Derek Jeter’s health a gigantic question mark, and having watched Mariano Rivera walk into retirement, the Yankees want to do something to generate renewed interest in the organization. It will be tough to do that if they stand pat with a team that finished in a tie for third place in the AL East with an 85-77 record.

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