I hate giving ESPN any credit for anything, especially over the New York Times, but the New England-happy cable/web behemoth actually has an article that gets the Yankees' bullpen situation right. (If you must, here.)
Aside from mentioning all of the reasons we probably won't get to the seventh with a lead all that often -- including the fact that every bullpen arm available in earlier innings is, at best, highly questionable (*cough..sucks*) -- the article also brings up a very good point that makes you wonder why the hell signing Chapman makes any sense whatsoever, when what we really needed were some reliable middle-inning guys (somewhat like the guys we traded away):
"...it will be difficult for even Betances, Miller and Chapman to improve on the Yankees' late-inning relief from 2015, when the team’s record was 66-3 in games they led after six innings, 73-2 in games they led after seven and 81-0 in games they led after eight."
Exactly. The late innings were not a problem. We had that covered already.
So naturally, we solved a problem that didn't exist and made the bullpen problem that did exist worse.
Ladies and gentlemen, your 2016 New York Yankees.