The 1940 New York Yankees season was the team's 38th season. New York was managed by Joe McCarthy. Their home games were played at Yankee Stadium. The team finished in third place with a record of 88–66, finishing two games behind the American League champion Detroit Tigers and one game behind the second-place Cleveland Indians.

Offseason

Regular season

Season standings

Record vs. opponents

Roster

Player stats

Batting

Starters by position

''Note: Pos = Position; G = Games played; AB = At bats; R = Runs; H = Hits; Avg. = Batting average; HR = Home runs; RBI = Runs batted in; SB = Stolen Bases''

Other batters

''Note: G = Games played; AB = At bats; R = Runs; H = Hits; Avg. = Batting average; HR = Home runs; RBI = Runs batted in; SB = Stolen bases''

Pitching

Starting pitchers

Note: G = Games pitched; IP = Innings pitched; W = Wins; L = Losses; ERA = Earned run average; SO = Strikeouts

Other pitchers

Note: G = Games pitched; IP = Innings pitched; W = Wins; L = Losses; ERA = Earned run average; SO = Strikeouts

Relief pitchers

Note: G = Games pitched; W = Wins; L = Losses; SV = Saves; ERA = Earned run average; SO = Strikeouts

Farm system

LEAGUE CHAMPIONS: Newark, Binghamton, Amsterdam, Akron, Butler Arkansas–Missouri League folded, July 1, 1940