What does the cryptic crossword clue "Negative side effect when Yankees' season dismissed (7)" mean?

This cryptic clue uses wordplay to arrive at the answer. Visit the page for progressive hints — definition, wordplay type, and a full step-by-step explanation.

Negative side effect when Yankees' season dismissed (7)

Telegraph Prize Cryptic #3167 | 1 Down | 2022-07-03 flower

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