The Bronx Stop: A Yankees Blog

Bill Madden/NY Daily News:

Brian Cashman went to San Francisco and got his man early Wednesday morning, bagging free-agent lefty, CC Sabathia. The
Daily News has learned the deal is believed to be a record-setting 7-year, $160 million contract.

The Yanks had originally offered Sabathia a 6-year, $140 deal in November.
Cashman left the winter meetings Tuesday afternoon to meet with Sabathia and his wife in his home in San Francisco, after getting postive vibes from the pitcher about playing in New York.

It is not clear what the exact terms of the contract are, because as of early Wednesday morning, details were still being worked out.

"It's all but done, but there are still a lot of things that have to be worked out," said a club source.

Cashman was heading back here for the winter meetings and was expected to resume negotiations with the agents for free-agent pitchers A.J. Burnett and Derek Lowe.

"We're open for business," the source continued. "Our offers are out there for all of these guys, now we just have to wait and see they want to do."

In the case of Lowe, the Yanks are believed to have a four-year offer with a possible trigger for a fifth year, and in Burnett's case, they have an offer superior to the reported 4-year, $60 million offer he has from the Atlanta Braves.