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| 9th November, 2007 - 8:40 am | New York Daily News - The general managers' meetings wrapped up yesterday, but Brian Cashman and the Yankees are no closer to solving any of their problems than they were when the sessions began four days ago.
Cashman spent roughly an hour late Wednesday night with Seth Levinson, one of Jorge Posada's agents, but a source said the two sides made no progress and don't appear any closer to reaching an agreement.
The Yankees extended their latest offer to Posada, but the catcher has made it clear that he plans to test the free agent market before signing a deal. The Yankees have offered the catcher a three-year contract, but it would likely take four years in the range of $52 million to $56 million to secure the rights of the five-time All-Star, as he believes other teams will offer deals of that magnitude. [READ] |
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