2009 Finish: 103-59, 1st Place (Won World Series)
Off-season Grade (B+): A 27th Championship didn't stop Brian Cashman and the Yankees from retooling a bit, bringing in three very solid players in Granderson, Johnson, and Vazquez. A very good off-season, not quite as worthy though as they also lost some key players of note (Damon, Matsui).
Strengths: Their offense remains probably the best in the majors, and Gardner brings a dimension of speed to the bottom of their order they didn't have last year. Their outfield defense should be much improved. Vazquez provides much needed stability at the back-end of their rotation. Rivera is still the best in the business.
Weaknesses: With Damon and Matsui gone, they're leaning on Posada, Johnson, Cano, and Swisher, all of whom have recently experienced injuries or down years. Joba Chamberlain still doesn't have a defined role.
Breakout Candidate—Phil Hughes: Whether he's the fifth starter or primary setup man, Hughes has a real chance to shine this season. It really looked like he was figuring things out last season. We've been hearing about for him so long, it's easy to forget he's still just 23.
2010 All Stars: Curtis Granderson, Derek Jeter, Mariano Rivera, Alex Rodriguez, CC Sabathia, Mark Teixeira
2010 Outlook: They look a little different, but the results shouldn't change much. The Yankees are still the class of the American League. Jeter is a proven winner, and for the first time in a while, A-Rod should be able to just relax and play baseball. Barring major injuries, they are basically locks to make it to the postseason.