This would be Cashman's greatest feat if he were able to do so, but Cashman should trade Igawa. If we were to pick up half of his contract, he could be a reasonable relief option on an NL team. The trick would be to get another team to eat his whole contract. Then Cashman would be a genius. Especially if he got a left fielder out of the deal.
So far the Yankees have been pretty impressive in this off season, considering that they began the off season with a goal to lower payroll under the $200 million mark, and it would seem that they are going to pull it off. Among their accomplishments, the Yankees traded for Granderson, signed Pettitte, traded for Vazquez, picked Jamie Hoffman in the rule 5 draft and signed Nick Johnson. My only issue with this off season is letting Mark Derosa go to the Giants for 2 years and $12 million. That would have been a very affordable contract for the Yankees. Think of it this way, last season Hideki Matsui and Johnny Damon made a combined $26 million. If the Yankees had signed Mark Derosa to the same contract he got from the Giants, then the Yankees would have wrapped up Derosa and Johnson for $11.75 million, otherwise known as less than half of what they were paying their DH and left fielder last season. I know they're operating with a budget and all, but is Reed Johnson/Brett Gardner/Jamie Hoffman going to give you more in left field than Derosa? I think not. But they're serious about the budget it seems, and adding Vazquez and Granderson in addition to the raise Pettitte got pretty much wraps up what the Yankees saved from losing Wang, Nady, Matsui, and Damon to free agency.