While the Yankees have given zero indication that they intend to rebuild, our preference remains towards doing so.

Our first recommendation was to establish brand new leadership within the minor league system.

Our second recommendation relates to qualifying offers, and ensuring the Yankees get draft picks (which hopefully they get right this time) if these players bolt for more lucrative deals.

But first, a refresher on the new qualifying rules and free agent compensation…

1. A qualifying offer is a one-year contract offer to a free agent from his former team. The value of the qualifying offer will be $14.1 million.

2. If a free agent rejects his team’s qualifying offer, the team is eligible to receive a first-round draft pick as compensation if the player signs with another team. Technically, the draft pick will be “sandwiched” between the first and second rounds.

3. If an opposing team signs a player who rejected a qualifying offer, it forfeits either its first or second-round pick (teams with the first 10 picks are protected, and would lose their second-round pick).

4. Unlike the old system, the signing team would not forfeit its pick to the losing team. The pick just disappears. The losing team only receives one new draft pick that, again, is sandwiched between the first and second rounds.

This leaves us with the Yankees’ free agents.

Robinson Cano: Obvious qualifying offer. The Yankees made a huge mistake in not trading him for prime prospects and kickstarting the rebuilding process. However, the front office doesn’t know its a&& from its elbow. If he and the jigga go elsewhere, at least the Yankees would get a draft pick.

Curtis Granderson: Another obvious qualifying offer. If the Yankees bring him back on a one-year deal, then that’s fine business. If another team wants to offer him a multi-year deal, take the draft pick and let him walk. The focus should be on rebuilding anyway.

Hiroki Kuroda: Extend the qualifying offer. If he goes to LA, you get the draft pick. If he stays, you have Kuroda on a one-year deal.

Phil Hughes: Despite his failings, Phil Hughes is an interesting case and our opinion might be a bit controversial. Hear us out though.

If the Yankees extended a qualifying offer and Hughes came back at $14.1 million, it’s a significant overpay.

However, it would only be a one-year deal in a season that Yankees aren’t going to compete anyway. And perhaps Hughes pitches better in 2014 and you can either: trade him at the deadline or extend a qualifying offer next year, let him walk, and get a draft pick then.

Also, it’s not completely out of the realm of possibility that Hughes gets a multi-year deal this offseason from an NL team. He’s only 27 and is AL East battled-tested. He also has good K and BB rates, which would likely get better in the NL. Gun to our head, we likely extend a qualifying offer to Hughes.

Joba Chamberlain: Obviously no qualifying offer. $14 mil for a reliever is ridiculous. And there’s no chance a sub-replacement level pitcher gets anything close to that on the open market.