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Home MLB News Winter Meetings Day 3 – Report #1 – Sabathia Signing Sooo Close

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Winter Meetings Day 3 – Report #1 – Sabathia Signing Sooo Close PDF Print E-mail
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Written by Maury Brown   
Wednesday, 10 December 2008 12:33
MLB Winter Meetings

Wed., 9:35am (Las Vegas)

Apparently, Brian Cashman’s evening flight from here in Las Vegas to San Francisco, to visit C.C. Sabathia in his hometown of Vallejo, is nearing the sides to reach a multi-year agreement.

The sticking point? Sabathia wants an opt-out clause.

The deal is now reportedly 7 years, $161 million. The agreement would allow Sabathia to opt-out after the first three years of the contract. According to Tim Brown and Gordon Edes of The AP, he could opt-out in 2011 with $92 million left on the contract, or renegotiate a new one with the Yankees.

The agreement, as usual, is contingent on Sabathia passing a physical, which would not take place until sometime next week.

In other news, it appears that Kerry Woods is headed to the Indians. The deal is for two years with a vesting option.

If the Sabathia deal is agreed upon in principle, then deals for the other key free agents could get consummated today. As we reported last night, the Red Sox are still in the hunt for Mark Teixeria.

Maury BrownMaury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is contributor to Baseball Prospectus, and is available as a freelance writer. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.

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