"Now, what is this site about, how Joe Torre ruined pitchers' arms? Is that it?"
-Michael Kay, August 18, 2009

Tuesday, December 23, 2008

BREAKING NEWS: Yankees sign Teixeira

It's a Festivus miracle!

I just saw this on ESPN's Bottom Line, as reported by Buster Olney:

Yankees and 1B Mark Teixeira agree to deal.

More to come as I hear it...

And once again, another preemptive hat comes true.

Update - 3:35 p.m.: Now that I've had a chance to calm down, Olney has some details. He said the contract is for eight years worth more than $170 million.

If it's for $170 million, that's $413.5 million spent on free agents thus far. However, the exact details aren't known yet.

The Yankees have signed three of four players in this picture. I'm a genius. And I guess everyone can go to sleep knowing Manny Ramirez won't be a Yankees. Can't win 'em all, I guess.

Olney said the Yankees will have the top four highest-paid players in the game. Jeez.

Update - 4:15 p.m.: Olney's article keeps updating. He says it's an eight-year deal worth $180 million, paying an average of $22.5 million per year.

The (soon-to-be-ex-) Star-Ledger's Dan Graziano said the contract has a full no-trade clause (I hate those) and may or may not include an opt-out clause after three years.

Update - 6:00 p.m.: The deal does not include an opt-out clause, according to Danny Knobler.


Anonymous said...

Joe says....
I TOLD you! You da man. As soon as you put the "capped" photo of Teixeira on this website, you changed destiny. I told YOU! YOU DA MAN!!!
And, all those ESPN Aholes are wrong again. You take over for Buster Olney! Jackasses over there! Pulling for the Sox they were.

Andrew Fletcher said...

I'm in shock, Joe. This is unbelievable.

Anonymous said...

If anything, this just proves how out of the loop ESPN is on signings. It's a lesson they refuse to learn......report the news not INVENT it or SHAPE it. That said, I'm in shock too. Oh, hot dogs at the Stadium are now $259 a piece. HAPPY FESTIVUS!

Andrew Fletcher said...

Olney's done a better job over the last couple of days with the Teixeira negotiations. Olney and Heyman really nailed it today.

Andrew Vazzano said...


Andrew Fletcher said...

*Jerry turns and makes angry face at Kramer*

Greg Cohen said...

This was indeed a Festivus miracle. Great job by Cashman to sneak in at the last moment and catch the big fish.

This team is stacked.

BlogLikeMyJobBob said...

why can't they get manny too? why stop now? they might as well just take the whole free agent market.

kongon said...

Wow. This was one acquisition that I never thought would happen, partly because of the years and money involved. Especially after they spent all that dough going after the two pitchers!

When the Red Sox pulled their offer (and then supposedly were back in the mix), it never crossed my mind that the Yankees were the team that had one upped every one else. But that's good and well. I'm glad he's not with the Angels, and certainly not with the Red Sox.

Andrew Fletcher said...

I kept saying all along that I couldn't picture him coming here and that there was no chance they'd do another long deal after signing Sabathia and Burnett. I'm amazed (and happy) they went ahead with it.

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