According to Jon Heyman of CBS Sports, the Yankees' starting pitcher pursuit could come down to a decision of Matt Garza or Edwin Jackson. The team has reportedly shown no interest in Jair Jurrjens, Wandy Rodriguez, or Gavin Floyd on the trade market, and they haven't been "anxious" about going after Roy Oswalt. Even Hiroki Kuroda might be out of the picture, as Heyman writes that "there is no certainty he wants to pitch in New York."
The Yankees don't like the inevitable package of prospects it would take to acquire Garza, and at five-years $60M, Edwin Jackson's asking price is a little high. Jackson could hurt the team's ability to stay below the luxury tax threshold in 2014.
In any event, either pitcher would seriously bolster New York's rotation. Garza was in the top ten in the National League in FIP in 2011, and Jackson has been consistently solid over the last few seasons, as he's averaged 3.7 WAR.
Yankees choice could be Garza vs. E-Jax - CBSSports.com
Baseball Insider - Yankees choice could be Garza vs. E-Jax