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Posted by: Patrick
Kat O'Brien spoke with Hal Steinbrenner, regarding the Impacto Deportivo report that the Yankees and Manny were close on a 3 year deal. Steinbrenner told her that if it's happening, he doesn't know about it.

However, this is what I thought was more interesting:

I'm told the Yankees want to keep payroll about what it was in 2008. They could sign Ramirez or Teixeira, but then they would not be able to add another starting pitcher (Pettitte) and stay at payroll. Or they could add Pettitte (or similar pitcher) and sign another hitter. I heard the names Pat Burrell and Jason Giambi (yes, really) mentioned.

Via Tim Dierkes.

Posted by: Seamus
The Yankees announced through a press release that they've given a one-year contract worth $5 million to Chien-Ming Wang, who had been eligible for arbitration. Wang, who's won 46 games over the past three seasons, will be making about one-third of what A.J. Burnett will make next season, who has totaled 38 wins in that same span.
Posted by: Patrick
Tim Dierkes of MLBTradeRumors.com highlighted a report from Impacto Deportivo, a Dominican newspaper, which indicated that the Yankees and Manny Ramirez were close on a 3 year deal worth $75 million dollars.

Cashman denied the report and the paper persisted. Dierkes notes that the paper has a decent, though not spotless, record of MLB related scoops, so you never know. But, at this time, I'll take it as an unreliable report.
Posted by: Patrick
From Bryan Hoch:

Yankees prospect Damian Taveras was suspended for 50 games Monday after testing positive for a performance-enhancing substance under baseball's Minor League Drug Prevention and Treatment program.

Hoch notes that the drug was Stanozolol, which is an anabolic steroid.
Posted by: Patrick
From Newsday's Kat O'Brien:

Early yesterday, SI.com's Jon Heyman reported that in the wake of the Red Sox's decision to step away from the negotiating table, the Yankees (and Angels) were back in dialogue with Boras about Teixeira. The article also said the Yankees had discussed parameters of a possible deal with Boras.

Two sources confirmed that Boras and Yankees general manager Brian Cashman talked Friday, but they said it was Boras - not Cashman - who initiated contact.

O'Brien notes that a source told her that Boras told Cashman what it would take to sign the first baseman. Supposedly, he put it at $22-$23 million dollars a year, over 8 years.
Posted by: Patrick
From Peter Gammons:

Cashman backed off the Mike Cameron deal because Melky Cabrera has improved his plate discipline in winter ball, and there are voices in the organization who still believe Brett Gardner is going to be a useful major league player. No one will argue his energy and intensity, but watch him take batting practice, and you'll find out he's a lot stronger than he looks. Granted, he has to take it into games, but there is something on which to place hope.

Via Tim Dierkes.
Posted by: Patrick
From SI.com's Jon Heyman:

A day after Red Sox owner John Henry strongly suggested that he’d hit his limit with his latest bid for free-agent star first baseman Mark Teixeira, Teixiera’s agent Scott Boras was back in dialogue with the Yankees and Angels, people familiar with the talks told SI.com.

Via Ben.
Posted by: Patrick
Peter Abraham has the contract breakdowns and benefits for CC Sabathia and A.J. Burnett. Suffice to say, Burnett will make $16.5 a year in all 5 years of his deal and CC will make $23 million for the final 6 years, assuming he doesn't opt out after three, and $14 million in 2009, plus a $9 million dollar bonus, paid in 3 parts (December 31, March 1 and July 31). Both players get a no trade and CC gets a suite on road trips and his salary paid bi-monthly throughout the entire year, rather than just during the season, like most players.
Posted by: Patrick
Back in May, we wrote about Dock Ellis and the bad shape that he was in, suffering with Cirrhosis of the liver. On Friday, he passed away.

Our thoughts are with those that were close to him.
Posted by: Seamus
Ken Rosenthal states that a source with "knowledge of the pitcher's intentions" has described Pettitte's return to the Bronx in 2009 as "virtually inevitable." Rosenthal also points out that a deal is not imminent, however.

I'm not sure that this is really news here. There aren't too many, if any, teams willing to give Pettitte the $10 million the Yankees have reportedly offered. And after shelling out over $200 million for Sabathia and Burnett, I doubt the Yankees would prefer handing out a multi-year deal to another pitcher over one year for Pettitte, especially with the offense still in need of some tweaking.
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