UPDATE, 12-01-07 at 1pm: Olney now says the Yanks don't have any serious interest in Loretta, and haven't spoken to him in over a month.
UPDATE, 11-30-07 at 10am: Troy E. Renck of the Denver Post has more on this situation. The Rockies got in touch with Loretta's agent recently but weren't optimistic on getting a deal done. While Loretta is close with the Yanks, he will let the Rockies' second base situation play out before signing because Colorado is his first choice.
FROM 11-30-07 at 8:40am:
Ryne Crabb of The Transaction Guy writes of a Buster Olney radio report wherein the Yankees were said to be close to signing Mark Loretta.
Before we punch Robinson Cano's ticket to Minnesota, remember that the Yanks have liked Loretta in the past as a first base and/or backup infield option. It may be as simple as that. To his credit, Loretta posted a .352 OBP last year (though he was awful after the break).
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