The 1997 New York Yankees season was the 95th season for the Yankees. New York was managed by Joe Torre and played at Yankee Stadium. The team finished with a record of 96–66 finishing 2 games behind the Baltimore Orioles in the American League East. They entered the postseason as the American League Wild Card, but lost the Division Series in 5 games to the Cleveland Indians. The 1997 Yankees failed to repeat as World Series Champions and win their second consecutive title.

• October 2, 1996: Pat Listach was sent by the New York Yankees to the Milwaukee Brewers to complete an earlier deal made on August 23, 1996. The New York Yankees sent Bob Wickman and Gerald Williams to the Milwaukee Brewers for a player to be named later, Pat Listach, and Graeme Lloyd. The Milwaukee Brewers sent Ricky Bones (August 29, 1996) to the New York Yankees to complete the trade. Pat Listach returned to original teams on October 2, 1996.^[1]
• November 4, 1996: Clay Bellinger was signed as a free agent with the New York Yankees.^[2]
• December 5, 1996: Jim Leyritz was traded by the New York Yankees to the Anaheim Angels for players to be named later. The Anaheim Angels sent Jeremy Blevins (minors) (December 9, 1996) and Ryan Kane (minors) (December 9, 1996) to the New York Yankees to complete the trade.^[3]
• December 11, 1996: Mike Stanton was signed as a free agent with the New York Yankees.^[4]
• January 9, 1997: Mark Whiten was signed as a free agent with the New York Yankees.^[5]
• January 9, 1997: Luis Sojo was signed as a free agent with the New York Yankees.^[6]

• Tino Martinez, Silver Slugger Award

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