Report: Yankees about to sign CC Sabathia

December 10, 2008

(ChattahBox) — Probably baseballs hottest free-agent on the market, pitcher CC Sabathia is about to sign with the Yankees, according to SI.com. The deal being finalized now is expected to pay Sabathia about $161 million over seven years. There is a player opt-out clause after three years. The Yankees more than a month ago made an initial market-setting $140-million, six-year offer to Sabathia, and no other team stepped forward to challenge that figure.

The two sides held three days of face-to-face talks to iron things out. Sabathia, from Vallejo in Northern California, had said all along that he preferred to go home to California to pitch and live. But in the end, there were too many millions on the table to walk away from the Yankees deal.

But the Yankees who missed out on the playoffs are intent on buying their way back in, which is good for them and their fervent fans but hardly an equitable system. It doesn’t hurt that they are moving into a new ballpark and had $88 million in contracts coming off the books. While they aren’t insulated from the economic crash in the country, they are somewhat less affected than the other 29 teams. They also are now working hard to try to sign two more top free-agent pitchers, Derek Lowe and A.J. Burnett, to round out a revamped rotation. Ben Sheets appears to be the next one on their pecking order if either Lowe or Burnett should sign elsewhere.


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