1:27pm: Pavano told Pete Caldera of the Bergen Record, "Let’s hope I get to write a better chapter in pinstripes."
10:12am: Ken Davidoff of Newsday gives a 1% chance of the Yanks re-signing Pavano.
8:11am: Mark Feinsand of the New York Daily News has a source saying Yankees GM Brian Cashman remains a big fan of Carl Pavano, and he hasn’t closed the door on the oft-injured starter. Cashman is expected to speak with Pavano’s agent during the GM meetings. Pavano’s agent said his first choice is the Yankees, because of "unfinished business."
Pavano has a $13MM club option with a $1.95MM buyout. It doesn’t seem likely that the Yankees would guarantee him that kind of money, but they could buy out the option and renegotiate.