Yanks Had an Offer on the Table for Tex, but Pulled It?

Kevin RozellDec 21, 2008

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Update (3:00 p.m.): Buster Olney says that the Yanks had an offer on the table but have since pulled it. “They want to cut payroll,” Olney writes, “and basically, they cannot do this if they sign Teixeira.”
It is of course a bad time to cut payroll as Teixeira fills an obvious need. Additionally, as has been pointed out in the comments, the Yanks could withdraw their offer to Pettitte and just commit to Melky and Brett Gardnerin the outfield for instant savings. After 2009, enough money is coming off the books that Teixeira makes sense.

I’d hate to see them opt out off this signing as they did with Carlos Beltran over a matter of a few million dollars for one season. But as more and more stories come out, I’m less inclined to believe that Teixeira will wind up in the Bronx.
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I guess if they want to cut payroll, then they will lean towards signing Manny now. I know there are a lot that think they need a bat, so this might upset you. On the other hand, some believe Teixeira is overrated and doesn’t deserve that kind of money. I don’t know who they will get, or when it will happen..but I am pretty sure the Yankees will add a big bat to the lineup when it is all said and done.

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Brian Fuentes update from Buster Olney:

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Yankees: They’re going to add a starting pitcher and want to keep their options open in case some upgrade develops in the outfield. So while Fuentes would help them, undoubtedly, they probably will spend their remaining money elsewhere.
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