C.C. Sabathia Rumors

Yankees Notes: Kuroda, Rodriguez, Sabathia, Cano

In the eyes of people like Derek Jeter, the season doesn't truly begin until the Yankees play their first home game. Here are some Yankees-related notes as the Bronx Bombers prepare to host their first game of the season…

Brian Cashman On Wilson, Pujols, Sabathia

Yankees GM Brian Cashman made an appearance on The Dan Patrick Show this morning, and Chad Jennings of The Journal News provided a recap. Let's round up the hot stove news…

  • "I'd say it's fair to say C.J. Wilson is probably the best pitcher on the marketplace right now since CC Sabathia's been taken out and retained here," said Cashman. "I don’t think it's a stretch to tell anybody that he’s the most attractive candidate."
  • Cashman cautioned that he's talking about Wilson in terms of talent and performance, not necessarily cost. "You have your priority list and how it looks," said Cashman. "But then it gets rearranged by cost analysis."
  • "I think he would be on anybody's wish list," said Cashman when asked about Albert Pujols. "In our circumstances, our roster, he doesn't fit. It's not an efficient way to try to allocate your resources."
  • Cashman said re-signing Sabathia "was not a layup," and admitted there were some nervous moments leading up to the deadline for his ace left-hander to opt-out. "That’s never a fun process, but the resolution we’re really happy with, and we know he is."
  • When asked if he sees himself getting fired or retiring, Cashman joked "I would say that normally you get fired. I think it’s a healthy way to look at it. I think at some point, they usually tell you to go."

AL East Notes: Red Sox, Oswalt, Sabathia

Red Sox GM Ben Cherington confirmed to reporters that the Red Sox and Cubs have obtained a one-week extension to work out compensation for former Boston GM Theo Epstein. Here are some more notes from the division, starting with the Red Sox…

Yankees Notes: Sabathia, Darvish, Montero, Garcia

It's been a busy day for the Yankees. They've announced their extension with GM Brian Cashman and declined their option on Andrew Brackman, making the right-hander a free agent. Reactions to C.C. Sabathia's extension have continued streaming in and we have some more notes to pass along from Cashman's conversation with reporters. Most of the quotes below come via Marc Carig of the Star-Ledger:

  • By signing Sabathia, the Yankees added "the most important piece" of the offseason, Cashman said.
  • "Offense is not a problem with this club," Cashman said. He's right – the Yankees scored more runs than any MLB team but the Red Sox and their starting lineup returns in 2012, so pursuing Prince Fielder or Albert Pujols doesn't seem likely. 
  • The focus of the winter is "pitching, pitching, pitching," Cashman said.
  • Cashman said the organization is better-positioned to evaluate Japanese players than it was a few years ago. The Yankees could express interest in Yu Darvish, the Japanese right-hander who may be posted this offseason.
  • Jesus Montero's role with the Yankees has yet to be determined: he could DH, catch on a semi-regular basis or be a bat off of the bench. Cashman expects Montero to contribute in the Major Leagues.
  • Cashman said picking up Nick Swisher's $10.25MM option was an easy decision.
  • Agent Peter Greenberg says there’s mutual interest between the Yankees and free agent Freddy Garcia in working out a new deal, according to Mark Hale, George A. King III and Joel Sherman of the New York Post. The Yankees would likely offer the Type B right-hander arbitration.
  • I examined the Yankees' offseason last week.

C.C. Sabathia Signing Reactions

Last night the Yankees completed a contract extension with ace C.C. Sabathia, adding one guaranteed year and an additional $30MM and preventing him from opting out and reaching the open market.  The new total is $122MM over five guaranteed years, with the $24.4MM average annual value representing a record for a pitcher.  If Sabathia avoids a shoulder injury in 2016, a 2017 option will vest and the total will become $147MM over six years.

As with Cliff Lee and the Phillies last year, it's hard to call a record-setting contract a discount.  However, I believe Sabathia would have landed six guaranteed years in that same $147MM range, at minimum, on the open market.  A seventh guaranteed year wouldn't have been out of the question.  It's a huge contract, but Sabathia took significantly less guaranteed money to stay in New York.  On to today's C.C.-related links…

  • "It was an easy choice" to stay with the Yankees, Sabathia told reporters.  Avoiding free agency was a big motivation for him.
  • The Yankees can now "shop in comfort rather than desperation," writes Joel Sherman of the New York Post.  Sherman still expects the Yankees to bid for the right to negotiate with Yu Darvish, if the righty is posted.  He also thinks the team will explore the trade market for another left-handed starter.
  • Yesterday "wasn't a great day for Yankees fans," writes Ken Davidoff of Newsday, but "it could've been much worse."
  • "The number of elite pitchers who excel throughout their 30s should make us accepting of the deal," writes Benjamin Kabak of River Ave. Blues.

Yankees, C.C. Sabathia Agree To Extension

C.C. Sabathia has agreed to a precedent-setting contract that will keep him in pinstripes and off of the free agent market. The 31-year-old left-hander announced on his Twitter account and on Zoodig.com that he has agreed to a new deal with the Yankees. 

He could have opted out of the remaining four years and $92MM of his original seven-year, $161MM contract with New York by midnight tonight. Instead, he gets a deal that guarantees him $122MM and could be worth as much as $142MM. Sabathia will earn $24.4MM per season over the course of the five guaranteed seasons — slightly more than his former teammate, Cliff Lee, obtained last offseason and more than any other pitcher has obtained on a multiyear deal. Sabathia's original contract is still the largest guaranteed total for any pitcher in history.

“CC is the ace of our pitching staff, a leader in our clubhouse and a driving force for the Yankees in our community,” Yankees GM Brian Cashman said. “He is exactly the type player and person that Yankees fans and this organization can be proud of.”

The sides agreed to add a $25MM salary for 2016 and a vesting option worth the same amount for 2017 ($5MM buyout), according to ESPN's Buster Olney (via Twitter) and Ken Rosenthal of FOX Sports (on Twitter). The option automatically vests unless Sabathia finishes the 2016 season on the DL with a left shoulder injury, spends 45 days on the DL with a left shoulder injury, or makes at least six relief appearances in 2016 due to shoulder problems, according to Joel Sherman of the New York Post (all Twitter links).

The Yankees originally offered Sabathia a five-year contract worth $120.5MM according to Sherman (on Twitter), but the team increased their offer today to prevent their ace from opting out and hitting the open market. Olney reports (on Twitter) that the two sides are still awaiting contract language approval.

Though Cashman's offseason became much simpler tonight, it's by no means complete. The Yankees will likely explore deals for pitching and look to solidify their bullpen and bench.

Yankees Made New Offer To Sabathia

The Yankees officially submitted a new contract offer to C.C. Sabathia over the weekend, according to Wallace Matthews of ESPNNewYork.com. The terms of the offer were not disclosed, but Matthews writes that Yankees insiders still expect Sabathia to test the free agent market despite the proposal. Sabathia has yet to respond to the offer, says Matthews' source:

"We believe it is a very fair offer,'' the executive said. "But we haven't heard anything back yet.''

That report lines up with a tweet from SI.com's Jon Heyman earlier today, who said that Sabathia is planning on opting out of his contract prior to Monday night. It's been well publicized that Sabathia is likely to opt out of the remaining four years of his contract in search of a bigger, potentially record-setting deal. As Ben Nicholson-Smith pointed out in examining the Yankees' offseason, their success hinges on the ability to construct a strong rotation, and Sabathia is the key to that process.

To track Sabathia's progress, or that of any other free agent, check out MLBTR's Free Agent Tracker.

Quick Hits: White Sox, Indians, Sabathia, Sizemore

A grab-bag of links on the first Sunday of what should be a fun offseason….

  • Don't expect the White Sox to pick up any big-ticket players on the free agent market, writes MLB.com's Scott Merkin.  The club is unlikely to bring Juan Pierre back in 2012 and if they look to replace him with a traditional leadoff type, Merkin expects the team to do so via trade.
  • It would be a surprise if the Indians re-signed Chad Durbin as the club has several promising young relievers who could take his spot, writes Paul Hoynes of The Plain Dealer.
  • The Yankees will make a contract offer to C.C. Sabathia this weekend, tweets SI.com's Jon Heyman. However, most people expect the lefty to opt out of his current deal and "look around."
  • Newsday's Ken Davidoff predicts destinations and contract details for his top 30 free agents, in slideshow form.
  • The Rangers, Nationals, and Brewers top Buster Olney's list of potential landing spots for Grady Sizemore (ESPN insider link).
  • Hisashi Iwakuma confirmed that he will attempt to sign with an MLB team again this winter, according to NPB Tracker's Patrick Newman (via Sponichi). Iwakuma was unable to work out a deal with the Athletics last offseason.
  • New Angels GM Jerry Dipoto will have complete decision-making power, says Angels owner Arte Moreno. Mike DiGiovanna of the Los Angeles Times has details and quotes.
  • The Padres will hire Phil Plantier as their new hitting coach, tweets FOX's Ken Rosenthal.

Yankees Rumors: Sabathia, Posada, Free Agents

One year ago this weekend, the Yankees re-signed manager Joe Girardi to a three-year contract. GM Brian Cashman got a new three-year deal of his own this week, and now the team will move forward with its offseason plans. Here's the latest from the Bronx…

  • Although Cashman will meet with CC Sabathia's agent this weekend, George A. King III and Joel Sherman of The New York Post report that the team is not overly optimistic about reaching an agreement about a new contract before their ace can opt out of the final four years and $92MM of his deal on Monday night.
  • "You hope he thinks long and hard about coming back and why he likes it here so much," said Girardi when asked by reporters (including MLB.com's Bryan Hoch) about the future of Jorge Posada. Earlier this month, more than 10,000 MLBTR readers said they expect Posada to retire.
  • Because so many big name free agents play positions that are already occupied on the roster, King says it's possible the Yankees will stay relatively quiet during free agency. They don't figure to chase Carlos Beltran or Michael Cuddyer because they will command multi-year contracts.
  • For more about what could in store for the Yankees this offseason, check out Ben Nicholson-Smith's Offseason Outlook. Tim Dierkes broke down the team's six arbitration cases in his Arbitration Eligibles series.

Cashman, Sabathia’s Agent To Meet This Weekend

7:21pm: Sherman posted a correction (on Twitter); the commissioner's office memo does not apply to Sabathia, he only has until midnight ET on Monday to exercise his opt-out clause.

The league clarified that players can file for free agency at 12:01am ET Sunday morning (Saturday night) and talk to new teams at 12:01am ET Thursday morning (Wednesday night). All option decisions are due by 11:59pm ET on Monday night (Twitter links).

5:44pm: The Yankees took care of one important piece of business by agreeing to a new three-year contract with GM Brian Cashman recently, and now they're moving on to bigger and better things. ESPN New York's Andrew Marchand reports that Cashman will meet with CC Sabathia's agent this weekend in an attempt to complete a new contract extension before the ace left-hander can opt-out of his contract and become a free agent.

Joel Sherman of The New York Post says (via Twitter) the commissioner's office sent out a memo informing teams that the offseason officially begins at midnight ET on Sunday, so Sabathia has until midnight ET on Wednesday to exercise his opt-out clause. Yesterday we heard that the team was "close to completing" a new contract offer for Sabathia, an offer Cashman figures to present this weekend.

Sherman notes (via Twitter) that he expects the offer to be in the five-year and $120MM range, similar to what Cliff Lee got from the Phillies last offseason. The team is concerned about bidding against itself however, simply because there aren't many other clubs capable of putting together an offer of that magnitude. Earlier this month, nearly 1,500 MLBTR readers said they expect Sabathia's new contract to be in the $121-130MM range.