11:38pm: SI.com’s Jon Heyman checks in on these talks. He says the Yankees want to ship Kei Igawa to Seattle, but then the Mariners could see that and raise them a Jose Vidro.
It would probably be easier for the Yankees to eat all of Washburn’s contract while just sending the Mariners a marginal prospect.
9:34pm: Dan Graziano of the Newark Star-Ledger reports that the Mariners are scouting the Yankees’ Double A club. The Ms aren’t big on Melky Cabrera, but may be willing to take minor leaguers if New York takes on all of Washburn’s contract.
1:36pm: According to ESPN’s Buster Olney, the Yankees are "taking a serious look at Seattle lefty Jarrod Washburn."
Washburn, 34 in August, has a 4.75 ERA in 110 innings this year. For what it’s worth, he has a 3.03 ERA in 62.3 innings since May 25th. That’s cherry-picking, though – 4.50-4.75 is Washburn’s level. He can chew up 190 innings at the back end of a rotation.
Washburn is owed $10.35MM in ’09, and has limited no-trade protection. Olney believes it would mainly be a salary dump, and the Mariners might consider something like Kei Igawa and a secondary prospect. Yankees GM Brian Cashman hasn’t struck a deal with the Ms since ’03, when he worked with Pat Gillick on an Armando Benitez for Jeff Nelson swap.