I was surprised when I heard Jason Giambi mentioned "steroids" in a release last night regarding his upcoming meeting with George Mitchell. Well, now we know the reason.
Although Selig didn't rule out a subsequent suspension for Giambi, the slugger almost certainly sidestepped that possibility by agreeing to meet with Mitchell. And the Yankees, by virtue of this arrangement, will not attempt to void the remainder of Giambi's contract (source).I guess we're stuck with him until the end of next year. The Yankees can buy him out at the end of 2008 for $5 million. This is after he earns $21 million in 2008, by the way.