APFree-agent lefthander Andy Pettitte reportedly has turned down a $10 million contract offer from the New York Yankees, all but severing the pitcher's ties with the club.
The New York Times, citing a source with knowledge of the negotiations, reported Monday night that the team no longer has a standing offer out to Pettitte, who made $16 million with the Yankees in 2008.
Pettitte was considered the final piece in the Yankees' plan to rebuild their rotation. The club earlier signed free-agent lefty CC Sabathia to a record $161 million deal and free-agent righthander A.J. Burnett to an $82 million pact.
The Times speculated the club may now turn to free-agent righthander Derek Lowe, who reportedly is seeking $16 million a year. The New York Mets reportedly have offered Lowe $12 million a year over three years.
SportsTalk: Albert Pujols signs with the Angels and Prince Fielder joins the Tigers. Which team is better now?
Hot Stove report |
HardballTalk headlines |
Interactive |
Slideshow |
Unbreakable records in baseball A look at the most unbreakable records in baseball including Nolan Ryan's seven no-hitters. |
Slideshow |
The top tools of baseball You hear a lot about the tools of baseball, but who are the best hitters, fielders and pitchers? We break it down. more photos |
Slideshow |
The Week in Sports Pictures The Giants on top of the football world, getting ready for the London Olympics and more. more photos |