Post: Yankees set to lower offer to Pettitte

From Joel Sherman:

(Andy) Pettitte recently rejected the Yankees' latest $10 million overture, and now - barring a wave of sentimentality by the Yanks or significant change of strategy by either side - that dollar figure very likely will not be offered again.

Multiple sources refused to divulge if the offer had been lowered already. But one executive briefed on the matter described both the chances of making a deal and the $10 million bid as on life support. Another executive said he did not believe that the $10 million offer was there to be taken any longer. A lowered offer almost certainly would assure the end of the prideful Pettitte's second tour with the Yankees.

You snooze you lose, Andy. I don't think another team will come up with $10 million.

With the Yankees signing Jason Johnson and having Phil Coke preparing to be a starter, it appears as if the Yankees are ready to move on.