Yankees Likely To Offer Posada $40M
23rd October, 2007 - 8:50 am
New York Daily News - The Yankees plan to do what they can to keep Jorge Posada from hitting the open market, but it doesn't look like anything will happen before the team has completed its interview process for the open manager's job.

Yankees sources said the organization hasn't begun substantive talks with Sam and Seth Levinson, the agents who represent Posada, but the team is said to be planning an offer of three years and about $40 million.

"I believe that we're going to be very competitive," one Yankees official said.

Posada just completed a five-year, $51 million contract that included a $12 million option for 2007 that kicked in based on playing time behind the plate the previous season. Posada, who turned 36 in August, hit .338 with 20 homers and 90 RBI this past season, the best all-around season of his career. [READ]

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