Sabathia's Bank-Breaking Offer
By now you've probably read this story, about the fairly monumental offer the Yankees are reportedly extending to pitcher C.C. Sabathia. Well, details beyond what the AP's Ronald Blum was reporting here are starting to leak out from some New York sources.
According to Anthony McCarron of the New York Daily News, the official offer is for 6-years and $140-million. That would make the deal richer than the current benchmark for pitchers, the six-year, $137.5-million pact Santana signed with the Mets just before the season this spring.
Naturally, Sabathia will shop around and see what he can get from a handful of other teams -- the Giants are said to be preparing an offer themselves and we know the Brewers have already made an offer -- before he decides whether he's really willing to set-up shop for the remaining formative years of his career in New York. Sabathia's made it clear that he's not a New York type of guy, so it'll be interesting to see if the Yankees offer is so much richer than everyone else's that the big lefty decides he can't leave the money on the table.
Then there's the issue of gray area. What happens if the Brewers improve their five-year, $100-million offer to six-years and $120-million? If they get within $20-million of the Yankees, would Sabathia stay put in a place he said made him comfortable?
There's plenty more news with the Yankees, too, and it's not just focused on Sabathia and recent acquisition Nick Swisher (random sidenote: if the Yankees are so picky about facial hair, why do they keep collecting players with notable beards?). According to multiple sources, New York is also preparing offers for both A.J. Burnett and Red Sox-turned Dodgers starter Derek Lowe. Sports Illustrated's Jon Heyman says that the combined value of the three offers will be roughly $250-million, which means the Yankees are splitting $110-million between Burnett and Lowe. Burnett already has a four-year, $54-million offer on the table from the Blue Jays, so the Yankees would probably have to allocate at least $60 million for Burnett to have a reasonable shot at signing him, which would leave them with $50 million to target Derek Lowe, who is looking for a five-year deal himself. The Dodgers will be pressed to keep Lowe, while the Braves already look like another suitor for Burnett, with interest reciprocated by the pitcher himself.
That's a lot of money being thrown around to add arms to the Yankees' rotation, and logic would dictate that it would prohibit them spending similarly for bats. Then again, these are the Yankees, so a Mark Teixeira offer might not be out of the question, right?
Stay tuned, we'll have more on that tomorrow for sure.
November 14, 2008; 6:37 PM ET
Categories: Blue Jays , Braves , Brewers , Yankees
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