Wei-Yin Chen, LHP
Assuming Zack Greinke signs with either the Los Angeles Dodgers of San Francisco Giants, David Price signs with the Cubs, and Jordan Zimmermann signs with whichever team misses out on Greinke, that leaves the Yankees sitting high and dry in the starting pitcher market. Johnny Cueto would be a big risk for the Yankees considering the way in which divisional rivals the Orioles and Toronto Blue Jays knocked the right-hander around like a pinata.
A better bet for New York would be left-hander Wei-Yin Chen, formerly of the Orioles. The native of Taiwan falls into the second tier of free-agent pitchers with names like Mike Leake, Yovani Gallaro, and Scott Kazmir. Chen may be the best of that bunch, and should cost close to $10 million less per year than the big four of Greinke, Price, Zimmermann, and Cueto. The only concern with bringing Chen to the Bronx would be his propensity to throw the home run ball.