Yankees GM Brian Cashman will "almost certainly add a starter by New Year's," reports Mike Puma of the New York Post. Puma notes that the Yanks inquired on the Cubs' Carlos Zambrano, but did not like the asking price. Zambrano has a full no-trade clause and is well-paid – $53.75MM over the next three years. On the other hand, ESPN's Bruce Levine has a Cubs source that refuted the idea that the Yankees even inquired.
A few other names to consider from our trade market post: Derek Lowe, Aaron Harang, and Gil Meche (we're unsure on the availability of Meche). Another interesting name could be Jeremy Bonderman, given his $12.5MM salary for 2010. Note that the Yankees have not been connected to these four in trade rumors; we're just speculating. And there is the small question of whether the team has $10MM+ in payroll space for a veteran starter.
Puma finds a free agent addition more likely for the Yankees; his speculative targets are Jason Marquis, Joel Pineiro, and Ben Sheets. However, Ken Davidoff of Newsday talked to "a person in the Yankees' loop" who said Sheets is "not even on the board" currently. Pineiro's contract demands remain steep, and you have to wonder whether a low-strikeout National League lifer like Marquis offers anything over Sergio Mitre or Chad Gaudin. The rest of the free agent market is not terribly appealing.
Bottom line: Puma expects Cashman to add a starter in the next eleven days, but we have no idea who that will be.