As our eternal rivals stand one game away from a World Series title, we can’t help but marvel at the incredible turnaround Boston experienced. America’s Team™ went from a -72 run differential in 2012 to an MLB-best +197 in 2013.

On Monday, we highlighted the fact that the Yankees are digging out of a bigger hole than their 85 wins of 2013 indicate. With a -21 run differential on the season and holes everywhere on the roster, it will realistically take a near-miracle to witness a Boston-like turnaround. But…can it be done?

Here are the only two directions the Yankees front office should pick from this offseason:

1. Go bananas on spending and f*$% the Hal-Cap.

This is the only way we see the Yankees contending in 2014. Hal would have the throw $189 million “goal” through the window and sign just about everyone. After all, he did say earlier this month about the 1-8-9:

“It’s a goal that we take seriously…but it’s not going to come at the expense of winning a championship.”

So, put your money where your mouth is, Hal. Assuming the club re-signs Cano, adding two to three more free agents isn’t going to push this team back into the upper echelon – not with crater-sized holes at third base, shortstop, catcher, both corner outfield positions, 2-3 starting pitchers, and in the bullpen.

Considering this team is starting from a run differential that would normally see a 78-84 record, a theoretical example of Brian McCann, Carlos Beltran, and Masahiro Tanaka isn’t going to cut it. Keep in mind the Yankees are losing 7 WAR with the departures of Andy Pettitte and Hiroki Kuroda. This means they would need to bring back Kuroda or someone of his 2012-quality, and hope Tanaka can give the Yankees the +3 WAR Andy did. And that still leaves holes at third base, shortstop (Jeter will be part-time at best), a corner OF position, bullpen, and possibly another SP — and you know Cano is going to cost a ton. To have a real chance at a championship, Hal will need to go on a Toys R Us-style shopping spree, suck up the luxury tax, and have a little less money direct deposited into his bank account.

There are certainly risks with this strategy, considering nearly every desirable free agent is over age 30, opening the door to more bad contracts and injuries. Plus, a shopping spree assumes that the Yankees are successful in signing all of their free agent targets, which is unlikely.

2. Punt the season and start the rebuilding process

The worst thing the Yankees could do this offseason is sign 2-3 free agents, give the illusion that the front office wants to win, and further descend into baseball’s purgatory. Sadly, this “middle ground” path is what we see as most likely happening, as Hal probably wants to fill seats by generating some free agent buzz.

Anyone who reads NoMaas and/or follows us on Twitter knows our preference is to rebuild. While Hal Steinbrenner recently stated that Yankee fans expect to see the “Derek Jeters and Mark Teixeiras”, we just want to see a vision and a winning team — we don’t need to see big names just because they’re big names. We are 100% fine if the Yankees suck for a little while if it means creating a youthful foundation for a sustained run.

In more practical terms though, if the Yankees FO is unwilling to go bananas on spending, then they shouldn’t go with a middle ground approach that will leave them in no-man’s land. It will only worsen the team’s situation. Instead, start the rebuilding, explain it to the fans, and the team will be better in the long-run for it.