Via Jon Heyman, the Yankees will make a “very strong” six-year offer to Cliff Lee today. He guesses that it’ll be worth $23M for year, though anywhere from $20M-25M would not be surprising. It’s about time we got some movement on this front, the offseason doesn’t last forever.
Update (11:36 a.m.): Joel Sherman is hearing six years for $140-$150 million. That’s one enticing amount for an initial offer.