2:35pm: Mark Feinsand of the New York Daily News hears that the Yankees have no interest in signing Bay long-term. They don't have confidence in his ability to play the outfield in a few years. Another source tells ESPN.com's Buster Olney that there's no chance the Yankees bid on Bay or Matt Holliday.
12:42pm: Ken Rosenthal and Jon Paul Morosi of FOX Sports report that the Yankees did contact Bay's representatives. However, one source says the team isn't seriously interested in Bay right now.
Across town, the Mets are willing to offer a fifth year or increase their initial four-year offer. The Giants, Mariners and Angels have also shown interest in Bay according to FOX's sources.
8:38am: The Red Sox "officially" cut ties with Bay yesterday, according to Gordon Edes of ESPNBoston.com.
12:44am: The Yankees have reached out to Jason Bay's representatives, a source tells Michael Silverman of the Boston Herald. While the Mets, Angels, and Mariners are said to be the frontrunners for his services, the article says that the Bombers are "lurking in the weeds."
Silverman stresses that the Yanks are not believed to have made an offer at this point and their level of interest is currently unclear.
Also, while it appears unlikely that there is a place for Bay in Boston, it should be noted that the club has yet to inform him that he is no longer in their plans.
As for the Yankees, do you think they're legitimately interested in Bay or just doing their due diligence?