The Yankees plan to offer A-Rod salary arbitration so they can pick up two draft picks when he signs with some other team. More on A-Rod later (for a change), but this is definitely a good move by Cashman. Even in the unlikely event that A-Rod accepts, the Yanks would simply be retaining one of the best all-around players.
Update: Sean McNally points us to a post of his from last week on RLYW predicting this exact turn of events. Now if only someone would tell that to Baseball Prospectus…
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