According to Buster Olney on his Twitter account the New York Yankees are unlikely to add any more high priced free agents after the Masahiro Tanaka signing. Boooo! That means no Matt Garza, Ubaldo Jimenez, Stephen Drew, Grant Balfour, etc. I disagree with Olney here as Hal Steinbrenner himself has said we would either get under the cap, which seems impossible now, or we would go way over it. Currently we are less than $20 million over the cap and that is not "way over" in my book.
The Yankees have spent somewhere in the neighborhood of $450 million or more this offseason with the additions of Brian McCann, Jacoby Ellsbury, Carlos Beltran, and Masahiro Tanaka among others. It's not surprising that the Yankees are probably done even with the holes they still have in the infield and in the bullpen. Oh well, it was fun while it lasted.