The Great Yankees Bullpen… Sale
The New York Yankees aren’t completely out of the 2016 postseason race, but they’re also not trending up. The team has done little this season to make anyone think they’re playoff-bound or anything more than a .500 team. Masahiro Tanaka has been good and CC Sabathia is having a nice bounce-back season, but Michael Pineda, Nathan Eovaldi, Luis Severino and Ivan Nova haven’t been able to keep the ball in the park, giving up 52 homers in 274.1 innings. On offense, the only above-average hitter is a 39-year-old Carlos Beltran, and he’s having trouble staying on the field. The strength of the team is an historically great bullpen, and if the team is willing to give up on this season, they could get quite a return over the next month by dealing Aroldis Chapman, Andrew Miller and maybe even Dellin Betances.
The Yankees are currently 37-39 with a negative-34 run differential*. They’re nine games back in the division and six games out of the last wild-card spot, needing to pass six teams to get there. Our projections have them going 44-42 the rest of the way, thereby ending the year at exactly .500. BaseRuns says the Yankees have played like a team that should be 33-43. While the team’s peripheral pitching stats suggest the team has outperformed their results a little bit (4.43 ERA and 4.00 FIP), we’re still talking about a team that might be .500 if things had worked out better, not a team that looks like a contender. The team’s best playoff odds are likely behind them and the team has a roughly 6% chance at the postseason right now.
*Numbers before play on Wednesday.

So in all likelihood, the team should be sellers. That said, a team of veterans with long-term contracts doesn’t generally make for the most appealing trade partner. If he’s still healthy, Carlos Beltran should be in demand, and it’s possible that Nathan Eovaldi might bring something back, but the strength of the Yankees has been the bullpen, and if they’re going to sell, that’s where they’ll get the greatest return.