Update (9:45pm): Cashmoney shot this report down, yo.
8:37pm: Old buddy Jerry Hairston Jr. was on Jim Bowden’s radio show on XM 175 earlier this evening, and said that the Yankees never made him an offer for a very specific reason. “Brian Cashman’s going to get mad at me,” said Jerry, “but Yanks didn’t make me offer because he’s waiting on (Johnny) Damon’s price to come down.” Yes Jerry, you’re going to make Cash angry, and you wouldn’t like him when he’s angry.
It’s still possible that Joel Sherman’s report of the team only having $2M left to spend on left field is accurate, and they’re just hoping for Damon to accept an 85% paycut, or it could have been a negotiating ploy. I can hear the conversation now: “Well, we’ve only got $2M left to spend, but if you want $5M, then fine, you win. Our hands … are tied.”