A-Rod Has Torn Labrum In Hip

7:12pm: All A-Rod, All the time…Tom Verducci notes that the A-Rod injury is a sign of a bigger problem, that the Yankees are getting old. Verducci also notes that Mark Teixeira is the player that will be most impacted without A-Rod’s protection and the pressure to live up to the new contract…The New York Post has another comprehensive list of possible A-Rod replacements. The two intradivisional options at the top of their list seem like a long-shot…Ken Davidoff wonders if some time away will help Yankees fans appreciate what they have with A-Rod…Rob Neyer can’t help but wonder if the Yankees are going to have to eat a good chunk of the $178MM they still owe A-Rod.

5:30pm: Even more from Abraham with special bonus audio of Brian Cashman: Abraham says surgery is necessary at some point, but that the Yankees are hoping that rest and rehab will be enough to hold off the surgery until after the season. Abraham notes that Mike Lowell tried the same tactic last season after his injury was discovered in June, but the injury got so bad he was held off the playoff roster.

3:27pm: More details from Abraham: A-Rod has a torn hip labrum that would take four months to repair surgically. He won’t play in the WBC and he’ll play less in Spring Training to try to return soon. Marc Craig of the Star-Ledger writes that A-Rod’s out indefinitely and could still need surgery.  The New York Daily News offers more, including analysis from various doctors.

2:40pm: Peter Abraham of The Journal News talked to Yankees GM Brian Cashman, who said Rodriguez’s cyst was drained and they will attempt rest and rehab rather than surgery.

12:59pm: Joel Sherman of the New York Post offers other ideas for third base if A-Rod is to be out for a considerable length of time: Scott Rolen, Melvin Mora, Brandon Inge, Hank Blalock, Chone Figgins, Adrian Beltre, Blake DeWitt, Martin Prado, and Mark Teahen.

12:17pm: ESPN’s Peter Gammons comments about the injury, wondering if mid-May is a best case scenario.  Gammons speculates that Garrett Atkins or Chad Tracy could be fits for the Yanks, but the price for Atkins could be high.  River Ave. Blues likes Mark Grudzielanek or possibly Bobby Crosby as other external options, while ESPN’s Buster Olney speculates on Bill Hall (who is recovering from a torn calf).  Susan Slusser of the San Francisco Chronicle wonders if Bobby Crosby could fit.

ESPN’s Stephania Bell suggests ten weeks could be a light estimate, if Rodriguez has a labral tear.

10:40am: ESPN’s Enrique Rojas talked to Alex Rodriguez’s brother, who says the Yankees third baseman will miss about ten weeks due to hip surgery to remove a cyst.  A ten week rehab would put A-Rod at a mid-May return, so he could miss a quarter of the season.  A-Rod’s brother told MLB.com the operation will be performed Monday.  The Yankees haven’t confirmed anything yet though.  It probably makes sense to hold off on replacement speculation until we get official word on the injury.

Check out my instant fantasy take on the situation over at RotoAuthority.