On Friday, I posited that the Yanks should offer arbitration to Andy Pettitte. While they run the risk that Pettitte will take them to a hearing and get paid more than he deserves or the Yanks want, the odds of that happening are low. Meanwhile, if he signs with the Dodgers or elsewhere, the Yanks would net themselves two draft picks. They’ve got nothing to lose.
Ken Rosenthal, however, disagrees. He writes: “The Yankees, on the other hand, do not figure to extend such an offer to lefty Andy Pettitte. If they wanted to give Pettitte a one-year contract with an increase from his $16 million salary, they would have done it by now.” Now, I don’t agree that this is as clear-cut as he thinks, and it doesn’t seem to me that he is basing this guess on anything other than intuition. In other words, there is no insider information at work here. We’ll see how this plays out. The arbitration deadline is coming up tomorrow.