The Yankees will be fine. Wang will be back by May and Pavano will get two starts in April and then two tune-ups in September before the playoffs. He is going to be out with a bruised sinus in between.
They will get enough pitching from the gerital corps and will out score most teams. They will only need three of their 10 starting pitchers to be healthy in October and the rest will give them some depth in the bullpen.
The Sox? Well, the Sox will hang around most of the season, then fade in the fall. The Yankees will win the AL Pennant, then lose in the World Series. A-Rod will cry and leave NY for the Florida Marlins and Joe Torre will become coach of the Albany Patroons in a Steinbrenner trade for Michael Ray Richardson.