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Hal Steinbrenner plans to lower payroll

Updated: March 2, 2012, 2:59 PM ET
By Wallace Matthews | ESPNNewYork.com

TAMPA, Fla. -- The days of the bloated New York Yankees payrolls are numbered.

So said Hal Steinbrenner, the team's managing general partner and the younger son of the late George M. Steinbrenner III, who on Thursday confirmed what his general manager, Brian Cashman, has been saying all winter: that over the next two seasons, the Yankees' payroll would be drastically trimmed, all the way down to $189 million by the start of the 2014 season.

"I'm looking at it as a goal, but ...

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