Manager Joe Girardi says the shortened rotation would allow him to keep Joba Chamberlain and Chad Gaudin in the bullpen.
Such a plan would have CC Sabathia starting Game 4 on three days' rest. Sabathia is used to short rest from his time with the Milwaukee Brewers last year.
New York is coming off a first-round sweep of Minnesota. The Yankees open a best-of-seven series at home against the Angels on Friday night.