's Jon Heyman and's Buster Olney are reporting that, according to sources, the Yankees have agreed (in principle, at least) to a deal with free agent first baseman Mark Teixeira. Supposedly, the deal is for $180 million dollars over 8 seasons or an average annual value of $22.5 million a season.

My reaction: No way. Absolutely no way. Wow, it's good to be a Yankees fan. CC Sabathia, Mark Teixeira and A.J. Burnett? Remarkable!

Via James.