Yankees Notes: Morales, Cano, Jeter, Trades

Here's the latest from the Bronx…

• The Yankees are interested in Kendrys Morales, CBS Sports' Jon Heyman reports.  Despite Morales' history of leg injuries, Yankees scouts feel the switch-hitter could add first base depth behing Mark Teixeira in addition to taking regular DH at-bats.  I'm not sure Morales is a good fit given that the Yankees need to keep their DH spot relatively open for their other veterans on the roster.  MLBTR's Tim Dierkes predicted a two-year, $28MM deal for Morales, and given the draft pick compensation tied to him, I'd guess the Yankees would only make a move if they're unable to land other free targets.
• Negotiations with Robinson Cano are expected to begin soon, Hal Steinbrenner told reporters (including Andy McCullough of the Star-Ledger) during the GM Meetings.  “I’m sure in the next week we’re going to sit down and talk to him. We haven’t really had any communication on any specifics, yet. But it’s the beginning of the process," Steinbrenner said.
• Steinbrenner didn't discuss anything beyond the 2014 season with Derek Jeter during the shortstop's recent contract talks.  "I don’t know that Derek has thought that far. He’s got a lot of thinking to do just getting to March. You know what I mean? And I think that’s his focus for right now," the managing general partner said.  We heard earlier this week that Steinbrenner himself who negotiated Jeter's one-year, $12MM deal for 2014.
• Also during the talk, Steinbrenner discussed such topics as the Alex Rodriguez situation and the Yankees' recent struggles in player development.
• The Yankees don't have have many prime trade chips, but Mike Axisa of the River Ave Blues blog puts Ivan Nova as the best chip on the team's roster.  It seems unlikely that New York would consider trading Nova, however, as the Yankees need both starters and relatively inexpensive players under team control.