"The Yankees are interested in signing Teixeira, according to two people in baseball with knowledge of the matter, but for the moment are unwilling to pay him more than $160 million over eight years, one of them said."
10:18pm: An update from Kat O’Brien at Newsday says "the Yankees remain on the periphery of the bidding" for Teixeira.
Scott Boras has apparently contacted Brian Cashman to inform him that an 8-year/$180MM contract would be needed to land Tex. This contradicts recent reports that estimate that the Boston Red Sox have made such an offer, since they have not signed the free agent yet.
The article also reiterates the fact that the Yankees do not have an offer out to Teixeira.
6:50pm: Lyle Spencer and Bill Ladson of MLB.com report that Teixeira will decide on where to sign in the next few days.
12:49pm: Jack Curry of the New York Times examines Boras’ "patient, defiant style" and suggests the Red Sox are throwing it right back at him.
Roch Kubatko talks about how Washington’s Ted Lerner is the one owner who could blow the other teams away with a Teixeira offer. Many people seem to believe they’re willing to go to ten years, $200MM. Bill Madden suggests Lerner could be this year’s "One Dumb Owner."
9:24am: Yesterday we tracked the Mark Teixeira sweepstakes as the Red Sox seemed to back out, but ultimately remained interested; the rumors continue today.
Jon Heyman writes that talks have resumed between Scott Boras and the Yankees and Angels. The Yankee front office is still deciding which slugger to pursue: Teixeira or Manny Ramirez. Heyman sees signs that "the Angels might be readying for a move," since owner Arte Moreno could consider boosting his bid from the $160-170MM range.
Heyman hears that the Red Sox bid close to $180MM, but ESPN.com reports that their bid was $165-170MM. ESPN heard from an "executive familiar with the meeting" between Teixeira’s people and the Red Sox that Scott Boras seeks an eight-year deal worth $195MM.
However, when Jerry Crasnick asked Boras about this figure, he heard it was "inaccurate" and that there was "very limited discussion of economic considerations" Thursday night.
Adam Kilgore heard from a GM involved with Teixeira who believes "the Red Sox have the best offer on the table."