The New York Yankees' farm system is experiencing a shift as several top prospects have moved up to the major leagues or been traded away. Notably, Anthony Volpe and Austin Wells are no longer considered prospects, and Drew Thorpe was traded in the deal for Juan Soto. The latest preseason prospect lists show limited representation for the Yankees, with only Jasson Domínguez and George Lombard Jr. making the cut. Domínguez is seen as a promising talent but has faced challenges, while Lombard is still developing.

Despite this, the Yankees have made significant investments in young talent, including the recent signing of 16-year-old shortstop Mani Cedeno. The Yankees' farm system ranks lower than rivals like the Tampa Bay Rays and Baltimore Orioles, but they have a history of developing successful players.