These are still new thoughts with all the details not in yet but this is my initial reaction.
Jacoby is going to do great in New York for a few years. This isn’t the same as the Crawford contract because Ellsbury has proven himself in a big market. The park will be very friendly to his swing in his prime. Look for his power numbers to go up. But for how long will a guy who’s value is built mostly on speed be worth $22M? He’s 30 now. Based on my very limited and half-assed research currently 16 teams don’t even have a 37-year old on their roster (I imagine these are a year behind, but still…). At a certain point, this contract will be another albatross. Possibly soon. That’s a lot for a leadoff hitter. And let’s not get into the injury history. Some of those were complete flukes, but his durability has been questioned. For a team that wants to get under $189M the Yankees have spent a lot of money this offseason. But to me that makes me think a few things, Cano is a goner, and they’re very confident that they can get out of A-Rod’s contract (which would be the best move of this offseason). But we’ll see about the last part.