Via Susan Slusser: The Yankees are one of several teams with interest in free agent right-hander Grant Balfour. The Athletics did not make their closer a qualifying offer, so he will not cost a draft pick to sign. Bullpen-needy teams like Tigers, Rockies, Angels, and Rays are also said to be in the mix.
Balfour, 36 next month, pitched to a 2.59 ERA (3.49 FIP) in 62.2 innings while going 38-for-41 in save chances this season. He misses bats (10.34 K/9 and 27.5 K%) but walks a few too many (3.88 BB/9 and 10.3 BB%), gives up homers (1.01 HR/9 and 11.1% HR/FB), and is fly ball prone (37.9% grounders). The Yankees could use a veteran late-inning reliever to replace Mariano Rivera and I loved the idea of signing Balfour a few months ago, but I think his huge season may have pushed him out of New York’s price range. He’s a definite fit though.