UPDATE: A colleague of Abraham’s snagged some quotes from Posada tonight, and they do sound favorable for the Yankees. Posada said, "we’re really close."
Peter Abraham of the Journal News gives his take on the Yankees’ situations with Mariano Rivera and Jorge Posada. He says the Yankees have offers out to both players, and negotiation is ongoing.
Abraham seems certain that Rivera will remain a Yankee, noting that other teams probably feel the same since other suitors have not surfaced.
Posada, on the other hand, has the Mets, Blue Jays, and Marlins lining up. Abraham contends that Posada’s family situation and home will certainly compel him to stay in New York. The only question is whether Omar Minaya will jump in with an irrational offer – say four years at $16MM per. The New York Daily News has a source indicating that Posada is intent on exploring the open market.