Via Buster Olney, there was a difference of opinion among the Yankees decision makers regarding Rafael Soriano, and the decision to sign him was one driven by ownership. Bob Klapisch backed up Olney’s report, and Peter Gammons specifically mentions team president Randy Levine as the culprit.
This is generally bad news, because you want the baseball people making the baseball decisions while ownership worries about making money and doing whatever else baseball team owners do. Brian Cashman was given autonomy after the 2005 season, but since then the higher-ups have gone over his head for Alex Rodriguez‘s latest contract and now Soriano. This is not a good trend, and if it continues to happen the Yankees will be right back where they were in the mid-aughts.