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Don’t expect Santa Claus to bring many free-agent gifts, Yankees fans.

Yankees play-by-play television voice Michael Kay offered a bleak outlook Thursday for the Yankees’ offseason due to a desire to reduce payroll to less than $300 million.

“There’s a good chance everybody, that the Yankees’ intent at this point on Dec. 4 is to in fact be under the $300 million threshold,” Kay said on his self-named ESPN radio show.

However, Kay did question whether the Yankees will actually hold to that goal since it would be hard to improve the team while lowering payroll.

“And if you’re going to improve

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