Feb 04, 2009 4:54 PM EST
Yankees general manager Brian Cashman has come out publicly and admitted that the team took money they could have used to sign Manny Ramirez, and used it to lure Mark Teixeira to New York.
"We chose to put our money into Teixeira," Cashman said. "Everybody expects us to get in on Manny, but that's not going to happen. When you add all our payroll up to where we're at, we're tapped."
Via New York Daily News
New York Yankees
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