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.