Yankees “monitoring” rather than pursuing top free agents is a lot different than how George Steinbrenner pursued and signed the top available free agents. No better example than the 1976 signing of Reggie Jackson.
Jackson signed a five-year, $3 million contract with the New York Yankees as baseball’s most celebrated free agent, forever changing Major League Baseball’s landscape.
Jackson, staying at the O’Hare Hyatt in Chicago, agreed to the deal on a cocktail napkin when Yankees owner George Steinbrenner offered to include a Rolls Royce.