Meeting notes: Giambi, Pavano, SabathiaBy
Just a couple of notes to take you into the Election Night proceedings:
- The Yankees have declined the $13 million option for Carl Pavano and the $22 million option for Jason Giambi, according to Mark Feinsand. There’s a chance, albeit slim, that the Yankees could look to retain one or both, but on more team-friendly terms. They’ll pay Pavano $1.95 million to buy him out, Giambi $5 million.
- The team did not, however, announce anything regarding Damaso Marte‘s $6 million option for 2009. While it has been speculated that they will decline it, indications are that the team is looking to sign him to a different deal, one that likely spans multiple years. Worst case, they offer him arbitration and net a couple of draft picks.
- According to Ken Davidoff, the Yankees have had “very preliminary” discussions with the agents for CC Sabathia. This is no big deal of course, certainly no bigger than A.J. Burnett opting out of his contract. The Yanks are expected to make an offer exceeding the contract of Johan Santana (six years, $137.5 million with a $25 million club option for 2014).