BREAKING NEWS: Yankees To Sign Teixeira

by Eli Greenspan on Dec 23, 2008 3:29 PM EST

In an exciting turn of events, the Yankees are reportedly on the verge of signing free agent first baseman Mark Teixeira to an eight year deal worth 180 million dollars. Teixeira is also being pursued by the Nationals, Red Sox, and Orioles. The story was first reported by Jon Heyman of SI.com.

Teixeira, who hit .308 with 33 HR in and 121 RBIs last season, will also receive a full no trade clause. The Yankees remained quiet in negotiations, but were in constant communication with the Teixeira camp. "[Mark Teixeira] Tex is a great clubhouse guy," Torii Hunter told me last week in Las Vegas. Teixeira and Alex Rodriguez were teammates in Texas in 2003, so there shouldn't be too many problems in the Yankee clubhouse.

The signing pushes Nick Swisher back to the outfield, where he didn't have much success in 2007 with the White Sox.

This story was approved by MLB Rumors.

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Comments

I know this will never happen, but there needs to be a salary cap put in place. Ridiculous for the Yankees to spend all of this money.

by KevinGillman on Dec 23, 2008 5:11 PM EST reply actions

I have to agree with Kevin Gillman there needs to be a salary cap. How will the small market teams be able to make it when you have teams like the Yankees.
My finale note.....CC will be a wash up for the yankees because CC pitch well in National but when it comes to the American league he sucks.
Don't worry baseball fans the Redsox will be in the playoffs not your Dam Yankees.

by Anonymous on Dec 23, 2008 10:04 PM EST reply actions

ready for this one...there should not be a salary cap. there is no reason why po-dunk markets should be able to compete with NY..we spend a lot of money...and for everyone out there, we still are under 200 mil...I just want to say that it is great to have ownership that we do, and as only a partial season ticket holder. I could not be happier...I realize I may sound arrogant,I'm really not. I feel like the organization gives back to the fans by the product they put on the field.

by Anonymous on Dec 23, 2008 11:20 PM EST reply actions

I am against a salary cap. Money is not going to win you a World Series. You could argue that it is a big part of it, but the Yankees havent won a series since 2000. Think about the last couple world series winners...all of them (and their opponent) were fairly low market teams that did not splurge on the free agent market.

phillies...mostly development, few signings.
rays...all development and trades, few signings.

red sox....only two guys over 40 million/trades/development.
rockies...development

cardinals...development and trades.
tigers...development

most gms like to view to free agent market as a last resort, meaning upgrades should come through trades and your minor league system.

winning teams are built from the ground up. thats why i think the twins could be that team in 2009.

by Eli on Dec 24, 2008 12:20 PM EST reply actions

there is a geographic advantage for these places, but it is different for every player...

a-rod likes to be a leader, and signed with the rangers to usher in a new era. didnt work out so much...

player x may like the fans at wrigley and want to play for a passionate city like the chicago, philadelphia, new york....etc

player x may prefer less media, he would stay away from the east....

carlos lee wanted to be close to his ranch, signed with houston.

some players dont sign with teams because of their schedule. lots of players are turned away from the cubs because they have so many day games.

signing players is such a gamble, especially long term. they could seriously regret giving all that money out in a couple years...

by Anonymous on Dec 24, 2008 12:26 PM EST reply actions