The Yankees Have Fallen Into a Deep Funk

Once upon a time, a powerhouse in the Bronx dominated the opposition to such a degree that it was on pace to challenge the single-season record for wins. But a funny thing happened on the way to the record books: the power went out, and over the course of a few weeks, the team did an about-face, suddenly turning into one of the league’s doormats. Such is the saga of the 2022 Yankees.
It was just over two months ago, on June 20, when I noted in this space that the Yankees’ 49–17 record (.742 winning percentage) was the majors’ best start since the 2001 Mariners went 52–14 on their way to 116 wins; only a half-dozen other teams, including the 1998 Yankees, had won 49 or more of their first 66 games. I additionally noted that even with a 48–48 record the rest of the way, the Yankees would finish with 97 wins. Since that point, they’ve gone just 26–31, and their pace over 162 games has dropped to 99 wins:

Those jagged little peaks reflect the fact that until Sunday’s victory against the Blue Jays and Monday’s win over the Mets, the Yankees hadn’t won two games in a row since July 29–30, and they still haven’t won a series since then, or put together a winning streak longer than three games since June 26–29. But for all of that, the team is still four wins better than last year’s squad at the same juncture (71–52).
A 99-win season would rate as impressive by just about any other standard, but with regards to these Yankees, it not only reads as a disappointment given the arc of their season, but it also highlights the vulnerabilities that may yet again prevent them from reaching the World Series for the first time since 2009. That drought is approaching their 1982–95 one and has already exceeded their ’65–75 one; for all of their wealth in terms of both money and prospects, they’ve been unable to break through.
To rewind a bit, the Yankees were still in lofty company at the 84-game mark (through July 8), playing at a 118-win pace. Only one team since 1920 had outdone them:
| Team | Season | W | L | Win% | Final W | Final L | Final Win% | Result |
|---|---|---|---|---|---|---|---|---|
| NYY | 1998 | 64 | 20 | .762 | 114 | 48 | .704 | Won WS |
| NYY | 1928 | 61 | 23 | .726 | 101 | 53 | .656 | Won WS |
| PHA | 1929 | 61 | 23 | .726 | 104 | 46 | .693 | Won WS |
| NYY | 1939 | 61 | 23 | .726 | 106 | 45 | .702 | Won WS |
| SEA | 2001 | 61 | 23 | .726 | 116 | 46 | .716 | Lost ALCS |
| NYY | 2022 | 61 | 23 | .726 | — | — | — | — |
| BRO | 1942 | 60 | 24 | .714 | 104 | 50 | .675 | 2nd NL |
| BOS | 1946 | 60 | 24 | .714 | 104 | 52 | .667 | Lost WS |
| BRO | 1952 | 60 | 24 | .714 | 96 | 57 | .627 | Lost WS |
| NYY | 1927 | 59 | 25 | .702 | 110 | 44 | .714 | Won WS |
| BAL | 1969 | 59 | 25 | .702 | 109 | 53 | .673 | Lost WS |
| CIN | 1970 | 59 | 25 | .702 | 102 | 62 | .622 | Lost WS |
| NYM | 1986 | 59 | 25 | .702 | 108 | 54 | .667 | Won WS |
Since then, however, the Yankees are 14–25 (.359), ahead of only the Marlins (13–27, .325), Nationals (11–26, .297) and Tigers (11–29, .275) in terms of winning percentage. That’s despite outscoring the opposition during that span, 178–175, which only adds to the sense of squandered opportunity. Beyond that, the Yankees are 11–20 (.355) since the All-Star break and 6–14 (.300) since the start of August. Their AL East lead, which was 12 games as of June 18 and a season-high 15.5 games as of July 8, is down to eight, though neither the Blue Jays (15–12 in the second half) nor the Rays (15–14) have seized the opportunity to take an even bigger bite out of their advantage.
What’s more, where they once owned the majors’ best record, the Yankees can’t even claim to have the best record of a New York team now, as the Mets are 79–45 and have taken two out of three in the season series so far. More importantly, the Yankees are now three games behind the Astros (78–45) for the best record in the AL, meaning that they’ve slipped into the second seed. Functionally, that’s not a huge deal, in that they would still have a first-round bye under the new playoff format, but they would no longer have home-field advantage in an ALCS against the Astros, who beat them in both 2017 and ’19 while owning that advantage.
A combination of factors has helped to send the Yankees into this funk. Injuries to Luis Severino and Michael King began destabilizing the pitching staff as far back as mid-July, with the more recent injuries of Giancarlo Stanton and Matt Carpenter cutting into the offense as well. The acquisitions of Andrew Benintendi, Frankie Montas, Lou Trivino, and Scott Effross ahead of the August 2 trade deadline made sense, but the two bigger-named players have been underwhelming, and while dealing away Joey Gallo was clearly the right move, the case for trading Jordan Montgomery was shakier.
Furthermore, while the Yankees are 23–18 in one-run games overall, they’ve lost 11 of 16 dating back to July 9, with five of those losses via walk-offs. That situation has magnified their bullpen woes (and manager Aaron Boone’s handling of the unit), which now include the loss of setup man-turned-closer Clay Holmes to lower back spasms. And since the deadline, the offense has dried up; over an 11-game span from August 9 to 20, the Yankees went 2–9 and scored just 21 runs, were held scoreless four times, and hit a pathetic .178/.246/.271. After Saturday’s game, Boone vented his frustration during his postgame press conference:
https://twitter.com/MarlyRiveraESPN/status/1561091129130582016
Prior to Sunday’s game (a sweep-preventing win over the Blue Jays), the YES Network showed this graphic:
This is…not good. #repbx pic.twitter.com/O6JyslKkpy
— Pinstripe Strong (@PinstripeStrong) August 20, 2022
It all adds up to a feeling that the sky is falling, and nowhere does that feel more apparent than the flailing offense. Though the first half, the Yankees scored 5.40 runs per game, slugged .445, and hit for a 123 wRC+ overall, all major league bests, with their .331 on-base percentage the AL’s best as well. Since then, they’ve slipped to 3.87 runs per game, with a .226/.303/.388 (100 wRC+) line. Aaron Judge has put up insane numbers in that span (.330/.474/.783, 14 HR, 250 wRC+), but even so, his nine-game drought without a homer — one that ended with Monday night’s blast off Max Scherzer — has dropped his chances of reaching 62 from 21.3% to 12.9%, per Dan Szymborski’s ZiPS model, in less than three weeks.
Among the other Yankees, DJ LeMahieu (132 wRC+), Anthony Rizzo (121), and Jose Trevino (111) have all been productive in the second half, but Josh Donaldson (89) and Isiah Kiner-Falefa (80) have been lousy. Donaldson has actually hit just .211/.275/.366 (83 wRC+) dating back to his Tim Anderson comments in late May, when he discovered he had fewer friends in the Yankees’ clubhouse than he thought. Meanwhile, Gleyber Torres (47 wRC+ since the break) and Aaron Hicks (27) have been downright dreadful. Benintendi, whom the Yankees acquired from the Royals on July 28 in order to diversify the offense with a left-handed, contact-centric presence, hit just .192/.302/.301 in 87 PA through his first 21 games before a pair of 2-for-3 games with critical extra-base hits on Sunday and Monday. He hit a game-winning two-run homer off the Blue Jays’ Adam Cimber, ending a 50-game homerless drought dating back to June 20, and added an RBI double (and also an RBI single) against Scherzer on Monday.
With more than half the lineup struggling, the losses of Stanton to Achilles tendinitis and Carpenter to a broken left foot have been felt acutely. The former, who has hit for a 128 wRC+ this year, last played on July 23 but will finally return later this week; the latter, who returned from baseball oblivion to hit for an incredible 218 wRC+ with 15 homers in just 154 PA before fouling a pitch off his foot on August 8, is likely out until late September. Oh, and if you’re wondering about Gallo, who hit just .159/.282/339 (83 wRC+) before being shipped to the Dodgers, he’s at .267/.371/.667 (185 wRC+) with three homers in 35 PA since being relocated; surely he’ll send a postcard to Michael Kay sooner or later.
As for the pitching, early in the season, the starting five of Gerrit Cole, Nestor Cortes, Jameson Taillon, Severino, and Montgomery was humming along. From May 22 through June 5, that group lasted at least six innings in 14 out of 15 games, pitching to a 0.85 ERA, and through the first half, the rotation ranked second in the AL in ERA (3.20) and third in FIP (3.67). But in the second half, they’ve sunk to 13th in ERA (4.73) and seventh in FIP (3.85), with every starter except Cortes taking a significant step backwards since the break:
| Name | IP-1st | ERA-1st | FIP-1st | WAR-1st | IP-2nd | ERA-2nd | FIP-2nd | WAR-2nd |
|---|---|---|---|---|---|---|---|---|
| Gerrit Cole | 113.1 | 3.02 | 3.30 | 2.1 | 37.0 | 4.62 | 2.91 | 0.9 |
| Nestor Cortes | 95.2 | 2.63 | 3.57 | 1.8 | 35.1 | 2.80 | 2.98 | 0.9 |
| Jameson Taillon | 100.1 | 3.86 | 3.78 | 1.5 | 32.1 | 4.45 | 4.73 | 0.1 |
| Jordan Montgomery | 102.0 | 3.26 | 3.98 | 1.1 | 12.2 | 7.11 | 3.44 | 0.2 |
| Luis Severino | 86.0 | 3.45 | 4.04 | 0.8 | ||||
| Domingo Germán | 34.2 | 3.89 | 4.53 | 0.4 | ||||
| Frankie Montas | 14.0 | 9.00 | 5.55 | -0.1 | ||||
| Total | 515.0 | 3.20 | 3.67 | 8.1 | 166.0 | 4.61 | 3.87 | 2.4 |
As noted above, the loss of Severino looms large. After pitching just 24 innings total from 2019 to ’21 due to a variety of injuries, including Tommy John surgery, he was putting together a very solid season; from May 16 to July 6, he lasted at least six innings in eight out of nine starts, delivering a 2.60 ERA and 3.41 FIP in 55.1 innings. He left his July 13 start after two innings with what was later diagnosed as a strained latissimus dorsi and has been replaced by the more contact-oriented Germán, who himself had spent the season up to that point rehabbing a bout of shoulder impingement. Even with Germán yielding just one earned run in three of his last four starts (including Monday night opposite Scherzer), the exchange has been a downgrade, and the Yankees appear to have added insult to injury by placing Severino on the 60-day IL without notice, meaning that he won’t be back until at least September 13.
Cole’s peripherals are actually stronger than they were before the break, but the Yankees have won just one of his six second-half starts thanks to a few innings where he’s let things spiral out of control. After shutting out the Royals through four innings on July 29, he yielded five two-out runs in the fifth to a team that hadn’t scored in 31 consecutive frames, though the Yankees came from behind to win, 11–5. In his next start on August 3, he failed to retire any of the first five Mariners he faced and wound up yielding six runs and three homers in the first inning en route to a 7–3 loss. After a pair of strong outings — one run allowed in 13 innings against the Mariners and Rays, both of whom shut out the Yankees and won nonetheless — he carried a no-hitter into the fifth inning against the Blue Jays on Saturday, then allowed five runs, including two via a double by light-hitting Jackie Bradley Jr.; the Yankees lost that one as well.
Montas, who was acquired along with Trivino on August 1 in exchange for a four-player package, has made three starts since the deal, two of them duds. Meanwhile, Montgomery — who was traded for the injured Harrison Bader, who has yet to be activated in the hope of shoring up the center field situation — has posted a 0.35 ERA and 1.71 FIP in four starts for St. Louis, including a one-hit shutout of the Cubs on Monday night. Since the deadline, no traded player has been worth more to their new team than New York’s former lefty. Oops.
Through all of this, one factor worth noting is that through the first half, the Yankees’ defense helped to limit the pitchers to a .260 BABIP, in a virtual tie with the Astros for the AL lead. That number is up to .286 (seventh in the league) in the second half, though some of it is just better contact by hitters; via Statcast, the starters’ xwOBAcon allowed has risen from .357 before the break to .370 since.
The bullpen has taken its share of hits as well. After posting a 2.80 ERA (second in the league) and 3.06 FIP (first) in the first half, the unit has declined to a 3.31 ERA (sixth) and 4.13 FIP (13th). Their strikeout rate has dropped from 25.2% to 22%, and their walk rate has risen from 9.2% to 10.9% — nearly a five-point swing in terms of strikeout-walk differential. The losses of Chad Green to Tommy John surgery and King to a fractured elbow have stung; the latter had pitched brilliantly out of the pen, posting a 2.29 ERA and 2.24 FIP in 51 innings before suffering his season-ending injury on July 22. Even after not pitching for a month, he’s still third on the staff with 1.7 WAR, behind only Cole (3.1) and Cortes (2.6).
At the back of the bullpen, Aroldis Chapman came out of the gate strong, with 10.1 shutout innings from Opening Day through May 9, but was then scored upon in five straight outings before landing on the injured list due to Achilles tendinitis, which sidelined him for nearly six weeks. With a 4.70 ERA and 4.78 FIP, he still hasn’t regained Boone’s trust. Holmes took over closer duties in Chapman’s absence and converted 14 out of his first 15 save chances (and notched a couple earlier in the year as well), compiling a 0.46 ERA and 1.77 FIP through July 9. But over the next five weeks he went 1-for-4 in saves, not including the July 12 game against Cincinnati where he failed to retire any of the five batters he faced and was charged with four runs and the loss; between that meltdown and August 17, when the Yankees put him on the IL with back spasms, he was rocked for a 10.24 ERA. With Boone playing matchups, the only saves recorded by the team were by Clarke Schmidt (two) and Effross (one), with Jonathan Loáisiga adding one on Monday night. Loáisiga, a trusted setup man last year, has managed just a 5.76 ERA and missed time due to shoulder inflammation.
Perhaps the Yankees have been spoiled by their early-season resilience. Through their first 84 games, they had 10 blown saves (not just ninth-inning ones) but came back to win six times. In their 39 games since, they have eight blown saves (including two on July 9, when they frittered away a game at Fenway Park) but have recovered to win just once.
It’s not as though this is a bad team or one lacking for bright spots, including Judge’s MVP-caliber campaign, Trevino’s much-needed upgrade at catcher, the continued emergence of Cortes, the rebound of LeMahieu, the rejuvenation of Carpenter, and so on. In Bader (whom the team is hoping will return from plantar fasciitis in September) and Zack Britton (who’s recovering from Tommy John surgery), not to mention Severino, Stanton, and Carpenter, the Yankees may still get significant reinforcements over the next few weeks. But until they resume winning series and steamrolling lesser teams, their glass is going to look half-empty.
Brooklyn-based Jay Jaffe is a senior writer for FanGraphs, the author of The Cooperstown Casebook (Thomas Dunne Books, 2017) and the creator of the JAWS (Jaffe WAR Score) metric for Hall of Fame analysis. He founded the Futility Infielder website (2001), was a columnist for Baseball Prospectus (2005-2012) and a contributing writer for Sports Illustrated (2012-2018). He has been a recurring guest on MLB Network and a member of the BBWAA since 2011, and a Hall of Fame voter since 2021. Follow him on BlueSky @jayjaffe.bsky.social.
This team looked pretty mediocre before the season started, with questionable trades, a lack of movement during an historic shortstop free agent class, and banking on a lot of players bouncing back. Maybe it’s a slump. Maybe they’re who we thought they were (and we let ‘em off the hook)
“An” historic. Going full Brit eh?
“eh”. Going full Canadian, what?
Hahaha
The focus was quite average at the beginning of the season, it was smart and fun, but there was no movement, but the agent of the class of the vulun briefly stopped it, and it stood on many players, akudskav. It’s probably not pasturing. Maybe the tactics won’t win, but I won’t let you down.
They’ll be fine. They’re pythag record is much better than their actual record over this stretch due to mostly bad luck in close games, bullpen meltdowns, etc. They’re fine.
Unless their bullpen keeps melting down. Then they’re not fine.
Yup as a Mets fan I’ve seen bullpen meltdowns aplenty take down some pretty good teams.
Everyone has that day where even when you do things right, it somehow comes back to bite you in the butt. That’s been Cashman’s trade deadline story this season — the two relievers have been far more impactful than the frontline starter and the All-Star outfielder, and now even Effross is on the IL.
I think what has been more frustrating as a Yankee fan is the seeming malaise the team has played with over the last few weeks. Now, I don’t expect Aaron Judge to go full O’Neil on the water cooler, but he (and largely, the rest of the team) seem…eh.
The mantra that Boone kept repeating about “making deposits” with all of the early season wins has felt a little too real the last couple of weeks. While it’s true that it’s not full-blown panic time, there are levels of urgency above “high school senior in May” that you can step up to.
Also, DFA Hicks already.
Seriously. Hicks is awful. There was a point in time where I tolerated his free-swinging approach because he’s a switch-hitter and the OF defense was above-average, but he just been so bad this year all around. Just dump him.
His free-swinging approach? What are you talking about? He’s tied for 10th lowest o-swing% and in the top 25 lowest overall swing% in the league for anyone with 100 PAs.
Criticize him for legitimate stuff, but calling him free-swinging is not grounded in reality.
Don’t they need Bader first?
This team would absolutely never come out and say “With Hicks’ wrist surgery, he’s simply not going to be himself until 2023. Until then, we’re just keeping him around, and any positive production we get out of him is a bonus.” But that’s probably what they’re thinking. They wouldn’t – and shouldn’t – DFA him.
This feels like an understatement, IMO. Aside from TJS (which I acknowledge is a significant injury) he has been incredibly resilient and reliable since he debuted back in 2017. I don’t care how good Bader is, Judge can play a more-than-reasonable CF, freeing up the corners for our dearth of other guys (Benintendi, Stanton, Locastro, Cabrera- can we please fire Hicks into the sun already?)
It feels like a dereliction of duty to trade a solid, consistent innings eater because you don’t think he’s going to make the rotation in October- at least, that’s the only argument I’ve heard so far.
Beyond that, suddenly with the injury to Effross our bullpen is that much shakier- would be great if we had someone like Gumby and moved German to our long-relief option.
I really cannot fathom this trade. I mentioned in Ben’s article, I literally get distracted during the day trying to reconcile this trade. I think it will go down as one of the worst trades of Cashman’s tenure, at least of the last five years.
ikwym, but ‘dearth’ means a lack of, fyi!
hopefully bader makes an impact and the deal ages well
Montgomery had 3.2 WAR last year and is already at 2.4 this year. That’s way better than an inning eater. Meanwhile, Bader’s 28, has a career WRC of 98, and hasn’t cleared .300 in xWOBA since 2020. His best skill is speed/defense and he has a notoriously lingering foot injury. It was a dumb idea then and remains dumb now.
Bader is a hometown boy and an elite defender who has 20 HR pop. I notice you’re ignoring Monty’s low strikeout rate and unimpressive FIP/xFIP.
Career rates: 8.5 K/9 and 2.5 BB/9 are not bad at all for SP, nor is 1.1 HR/9. The career FIP and xFIP are 3.8 and 3.96. I don’t see the problem you’re seeing.
Bader is an elite defensive CF, Montgomery is an overachieving back-end starter with strikeout issues. It’s literally in the stats on this site.
The Yankees chances of winning the division have dropped from a high of 98.7% to 92.7%. If for some reason the Yankees keep losing games, winds up getting in as a wild card and then get bounced out, what is the reaction? Their two best hitters (at least this year) will be free agents, so bringing them back seems like the first step. Do they go after Nolan Arenado (assuming he opts out) in FA? Since they already have Bader and replacing Trevino after his career year looks like a non-starter (although they probably should!), their only obvious non-pitcher spot to upgrade is third base and even there, Donaldson hasn’t been terrible (I can think of several teams would take him). So do they just start chasing pitching, and if so, what level of pitcher are we talking about?
No, please not Arenado at the back end of his career. Just put DJLM at third, Gleyber at 2nd, and DH Donaldson.
I think SS is the bigger issue. Get Volpe or Peraza up within the first month of the year, push IKF to utility work. I’d be cool with signing Turner or Correa if he opts out, but it seems pretty obvious they’re clearing the runway for one of those two prospects.
Wouldn’t mind seeing them go for another lefty starter in the off-season. Plenty of options there: Anderson, Manaea, Rodon, Perez, etc.
The elephant in the room is Judge, of course. I’m on the fence about that. I tend not to think it would be a good idea to pay him more than $250m at his age and with his injury history. But there’s no player they could sign (possibly excepting Turner) of similar quality and it’s not my money, so…
Ohtani should be a trade target. And a long term signing target. Judge is also fine.
Did you see that Moreno is going to explore a sale for the team? He is absolutely trading Ohtani.
That said, the going rate on this is going to be definitely higher than what the Dodgers gave up for Betts–two FV50s and an FV40+, tempered by the $48M the Dodgers took on. If you’re the Yankees, how badly do you want a guy who may or may not sign an extension? They would definitely need to give up either Jasson Dominguez or Anthony Volpe (and more if it was Dominguez), because otherwise I would imagine that all of the Blue Jays, Giants, and Dodgers would outbid them. Possibly even more teams, although I imagine that teams like the Rangers or Cubs would probably be more involved if he got to FA than on the trade market.
A decision made a month too late.
Imagine the haul Ohtani would’ve brought in return for two playoff runs?
(A frontline pitcher and middle of the order bat in one roster slot, for two runs?)
So Moreno being Moreno, he changes his mind a month after losing half the potential return.
Par for the course for a team that keeps funding ways to minimize their production.
The game will be better by his exit.
I don’t know if going after Arenado, or any other non-vaccinated player, is smart seeing as how he’d miss 9 games against the Blue Jays next year. If I’m dedicating a giant chunk of payroll to one player, I don’t want that player sitting on the sidelines, and therefore giving a slight advantage to an already tough intra-division rival for that many games.
Every team in the AL East has to think twice about going after top tier free agents who can’t travel Canada. Imagine if the Yankees signed Arenado to replace Judge in the heart of its lineup, and the Blue Jays edged them out for the division by only a game or two. How much pie in the face would it be to know that an elite vaccinated player could have made the trip to Toronto and made enough of an impact in those three road trips to convert a loss or two into wins instead?
Arenado isn’t vaccinated?
In any case, I do think that if he wanted to otherwise take the Yankees offer (whatever it is) he would probably get vaccinated, a la Trevor Story. I think there are other compelling reasons to not to pay Arenado a zillion dollars, and it is possible that given how much he’s enjoyed St. Louis that if the money is close he’d stay there anyway.
Yes, he and Goldschmidt. Their two best players were two of the three Cardinals that did not go to Toronto for their their 2-game set last month.
The Donaldson-IKF trade seems like it flies a bit under the radar as a bad move, mostly because it’s not like losing Sanchez and Urshela is hurting anything. They’re basically all putting up similarly blah overall production, but, of course, the Yankees took on more money to do that deal and they’re stuck with Donaldson next year, too. Would have been better off just keeping the guys they had and using the funds elsewhere. Also, Donaldson is a tool and I don’t want to see his mug in the home dugout anymore.
Without this move they would have no SS
Peraza would likely be fine. Borderline replacement-level veterans who can play SS aren’t that expensive, generally, either.
Right. Because they couldn’t have done anything else to acquire a SS. It was either acquire IKF or do nothing. Those were the only options that were permitted.
Meh. They thought Donaldson would be good. That was perfectly reasonable – he was, in fact, really friggin good until he hit the IL.
Make their Funk the P-Funk. They want their Funk uncut.
Ahh, yes, the Strange Case of the 2022 Yankees is very much Dr Jekyll and Mr Hyde.
They were never as good as they originally appeared, but they were incredibly healthy. They are nowhere near as bad as they’ve been lately, but they’ve been incredibly unhealthy. Maybe their combined record is what they are?
Their main issue, though, is one of hitting, or lack of it. Yes, their bullpen has been decimated, and they lost Severino, but they simply haven’t been scoring runs, and that’s put pressure on the other areas. It will correct.
I haven’t seen any numbers, but it seems like their batting w/ RISP has been much worse than their overall line during their slump. At one point it seemed they were leaving 2 or 3 runners on in 4 or 5 innings per game.
Also, on July 9, with the Yankees leading 5-3 in the 10th inning and the tying runs on base for the Red Sox, my wife said “Oh, this game is over.” (As in the Yankees had already won.) Their record at the time: 61-23. Since then: 14-25. Coincidence? You decide.
Please thank your wife for me.
Cashman and underperformance played a role last year, and the same is true now. The Montas for Montgomery switch (effectively that’s what it is) isn’t as bad as they are showing, but they got rid of a lot of prospects, etc, to bring in talent that isn’t showing it…and that goes back to Donaldson. It will get better, but eh, not good.