Getting tired of all the misinformation... From the CBA, page 74: This year there are 29 Type A players this year and 38 Type B players, for a total of 67. (Link to list from US Today) That means we are in the range of "Club quotas should be increased accordingly." It appears that the quota increases by one each time the number of ranked free agents increase by 24, after the initial 1-14 range. That would mean this year the number of free agents fall into the 63 to 86 range, which would correspond to a total of 4 ranked free agents (A or B) allowed to be signed by each team. Even if it doesn't simply increase by 24 player intervals, I think its safe to assume 67 is close enough to the top of the 39-62 range that the quota would only be increased by one. It appears provision B overrides A, so when the number of Type A and B free agents lost by a club exceeds the league wide team quotas, the number of free agents that team lost becomes their quota. The Yankees lost three ranked free agents this offseason (LINK): Bobby Abreu - Type A Andy Pettite - Type A Ivan Rodriguez - Type B Mussina retired, so he is not considered losing a free agent. My conclusion is that the Yankees (and any other team who have not lost more than 4 ranked free agents) is allowed to sign 4 total free agents ranked either Type A or Type B. Teixeira, Sabathia, and Burnett, all Type A's, are the three the Yankees have signed already (LINK). They are able to sign one more, including Ben Sheets. EDIT: Hang on, my count of how many Type A and Type B free agents are on the market this season may be off. I've seen three lists, all have a different number. Can anyone help? Keith Law claims as many as 93, which seems too high, and also says that would put the quota at 8 - LINK EDIT2: I think its pretty safe to say its 4 or higher and the Yankees can definitely go after Sheets if they were inclined.