The Yankees are preparing to make an initial offer on a 3-year, $45 million deal to Derek Jeter, according to New York Post's Joel Sherman. He writes:
"The expectation is the Yankees will offer something in the three-year, $45 million range, which will create some negotiating room to climb toward $57 million to $60 million on a three-year deal or perhaps go to a fourth-year option or a straight fourth year as a way to reach a settlement. Of course, that is assuming Jeter finds that range acceptable."
According to major league sources, the Yankees are interested in free-agent relief pitcher J.C. Romero of the Philadelphia Phillies. Romero has suffered from the injury bug over the past two seasons, but still posts an admirable 3.28 ERA over that time. He's a lefty, which the Yankees are in need of as they have only one in Boone Logan. LHP Damaso Marte is not expected to pitch in 2011 due to injury.
Shernan also reports that the Yankees have dropped interest in D-Backs outfielder Justin Upton; they are satisfied enough with their present outfield that they see no reason to give up prospects in order to close a deal.
As per the Chicago Tribune, Hank Steinbrenner met with former Chicago Cubs manager and Yankee great Lou Piniella, to invite him to join the team again as an advisor. Piniella was part of the '77 and '78 championship teams and managed the team for two full seasons in '86 and '87; he took over as manager for Billy Martin in '88 for the second half of the season.
Nolan Ryan acknowledged that the Yankees will outbid the Texas Rangers for "The Assassin" aka Cliff Lee. According to Brian Costa of the Wall Street Journal, the team plans on trying to sell playing in Texas to the south paw, but notes that Ryan "didn't sound confident."
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