The payroll may say $200 million, but that is not a $200 million dollar team. That's the problem with the Yankees. They give loads of money to people and expect them to perform. Just because you pay a guy $10 million dollars doesn't mean they are a $10 million dollar player.
If the Yankees knew how to evaluate players, they could be the most dominating team in the league and be paying much less than what they are paying for this roster. I can only dream about Steinbrenner cutting out the crap and getting a top of the line GM to make decisions. With the Yankees ability and eagerness to spend money, they could be champions every year. Instead, they make poor business decisions and squander away money.
Hopefully the front office smartens up this offseason and gives the reigns back to people who know what to do. Cashman is probably gone and I've actually read some articles about the possbility of Theo Epstein signing in New York. He's a great GM, but only if he gets power to do what he thinks is beneficial to the team. That's where all the power starts.
They aren't techically eliminated yet, but I don't believe they have a snowball's chance in hell of beating the Angels two in a row, one of which will be in California. I hope they can prove me wrong though.