The Los Angeles Angels on Sunday afternoon withdrew their offer to free-agent slugger Mark Teixeira and do not intend to continue negotiations with his agent, according to a source close to the negotiations.

Believed to have offered about $160 million over eight seasons, the Angels became the second team in recent days to declare the price on Teixeira to be too steep. The Boston Red Sox reached a similar decision Thursday night after meeting with Teixeira and agent Scott Boras. Team owner John Henry issued a statement that concluded, “ … we are not going to be a factor,” though evidence suggests negotiations are not dead.

Sources close to the process said Angels owner Arte Moreno concluded that Teixeira did not intend to play for the Angels and that his team was being used to drive up the price for the other interested clubs.

Also, a source said the Red Sox have not spoken to Boras since Thursday night, when Henry issued his statement.

A source told Yahoo! Sports on Sunday that the Angels would not re-enter the bidding for Teixeira, whom they acquired from the Atlanta Braves at the trade deadline in July.

The Angels’ withdrawal would appear to narrow the field for the switch-hitting Teixeira to the Washington Nationals, Baltimore Orioles and, presumably, the Red Sox and New York Yankees. It is unknown if the Yankees have made an offer on Teixeira or if the Red Sox’s offer – which a source said is $168 million over eight years – still stands.

The Nationals’ bid reportedly matched the Angels’. The Orioles reportedly were considering whether to add an eighth year to their offer.

Moreno for weeks had led the Angels’ negotiations and abruptly pulled out Sunday amid reports Boras was asking for more than $180 million over eight seasons.

The apparent loss of Teixeira is a big hit for the Angels, who had made him their No. 1 priority after again losing to the Red Sox in the American League Division Series. They’ll now turn their attention to signing closer Brian Fuentes and adding offense through a trade (Jermaine Dye, Paul Konerko) or free agency (Adam Dunn, Pat Burrell).

Posted by jaydh:

I'm calling Baltimore Orioles. Teixeria is all about the money and the Oriole owner sees Tex as a Cal Ripken type(face of the franchise). I can see the Orioles beating anyones bid.

Posted by Bonn1997:

Posted by jaydh:

I'm calling Baltimore Orioles. Teixeria is all about the money and the Oriole owner sees Tex as a Cal Ripken type(face of the franchise). I can see the Orioles beating anyones bid.

No team can afford to out-bid the Yankees. I really hope Brian Cash gets Tex.

I don't see the Yanks giving tex $200mil, orioles i can see it.

Posted by Bonn1997:

Posted by 4949:

Posted by jaydh:

I'm calling Baltimore Orioles. Teixeria is all about the money and the Oriole owner sees Tex as a Cal Ripken type(face of the franchise). I can see the Orioles beating anyones bid.

Clearly a Baltimore fan. Either that or that Knick self defeatist style has rubbed off on you. Always bidding against our own prospects. Tex will be in a Yankee uniform and so will Manny.

And hopefully so will Andy. If all that happened, then I'd give Cash a clear A+ for the off-season. I'd still wish we'd done the Johan trade but that mistake won't be part of his grade for this off-season.

Apparantly they didn't trade for Johan because they knew that sabathia would be a FA this year.....BBBBBBBBBBBBBBBBBBBBBBBSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

Posted by jaydh:

Posted by Bonn1997:

Posted by 4949:

Posted by jaydh:

I'm calling Baltimore Orioles. Teixeria is all about the money and the Oriole owner sees Tex as a Cal Ripken type(face of the franchise). I can see the Orioles beating anyones bid.

Clearly a Baltimore fan. Either that or that Knick self defeatist style has rubbed off on you. Always bidding against our own prospects. Tex will be in a Yankee uniform and so will Manny.

And hopefully so will Andy. If all that happened, then I'd give Cash a clear A+ for the off-season. I'd still wish we'd done the Johan trade but that mistake won't be part of his grade for this off-season.

Apparantly they didn't trade for Johan because they knew that sabathia would be a FA this year.....BBBBBBBBBBBBBBBBBBBBBBBSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

Why is that BS when that's exactly how it played out?

Posted by islesfan:

Posted by jaydh:

Posted by Bonn1997:

Posted by 4949:

Posted by jaydh:

I'm calling Baltimore Orioles. Teixeria is all about the money and the Oriole owner sees Tex as a Cal Ripken type(face of the franchise). I can see the Orioles beating anyones bid.

Clearly a Baltimore fan. Either that or that Knick self defeatist style has rubbed off on you. Always bidding against our own prospects. Tex will be in a Yankee uniform and so will Manny.

And hopefully so will Andy. If all that happened, then I'd give Cash a clear A+ for the off-season. I'd still wish we'd done the Johan trade but that mistake won't be part of his grade for this off-season.

Apparantly they didn't trade for Johan because they knew that sabathia would be a FA this year.....BBBBBBBBBBBBBBBBBBBBBBBSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

Why is that BS when that's exactly how it played out?

It is entirely BS because the two were not mutually exclusive options. It's an after the fact excuse by an organization that's embarrassed by the results of the last few seasons, especially last year.

Posted by islesfan:

Posted by jaydh:

Posted by Bonn1997:

Posted by 4949:

Posted by jaydh:

I'm calling Baltimore Orioles. Teixeria is all about the money and the Oriole owner sees Tex as a Cal Ripken type(face of the franchise). I can see the Orioles beating anyones bid.

Clearly a Baltimore fan. Either that or that Knick self defeatist style has rubbed off on you. Always bidding against our own prospects. Tex will be in a Yankee uniform and so will Manny.

And hopefully so will Andy. If all that happened, then I'd give Cash a clear A+ for the off-season. I'd still wish we'd done the Johan trade but that mistake won't be part of his grade for this off-season.

Apparantly they didn't trade for Johan because they knew that sabathia would be a FA this year.....BBBBBBBBBBBBBBBBBBBBBBBSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

Why is that BS when that's exactly how it played out?

They say it like they knew they were getting sabathia when in fact, after outbidding the next team by $60mil he was still undecided. You don't pass up definately getting one of the top SP just because you might sign one who might be as good in the following season.

Posted by jaydh:

Posted by islesfan:

Posted by jaydh:

Posted by Bonn1997:

Posted by 4949:

Posted by jaydh:

I'm calling Baltimore Orioles. Teixeria is all about the money and the Oriole owner sees Tex as a Cal Ripken type(face of the franchise). I can see the Orioles beating anyones bid.

Clearly a Baltimore fan. Either that or that Knick self defeatist style has rubbed off on you. Always bidding against our own prospects. Tex will be in a Yankee uniform and so will Manny.

And hopefully so will Andy. If all that happened, then I'd give Cash a clear A+ for the off-season. I'd still wish we'd done the Johan trade but that mistake won't be part of his grade for this off-season.

Apparantly they didn't trade for Johan because they knew that sabathia would be a FA this year.....BBBBBBBBBBBBBBBBBBBBBBBSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

Why is that BS when that's exactly how it played out?

They say it like they knew they were getting sabathia when in fact, after outbidding the next team by $60mil he was still undecided. You don't pass up definately getting one of the top SP just because you might sign one who might be as good in the following season.

I completely disagree. They say it like they were taking a calculated risk that Sabathia would get to free agency and knowing that nobody would be able to outbid them, drastically increasing their chances of signing him. All while keeping with their philosophy of building their farm system and not trading away their top prospects if they can help it.

That's exactly how it played out. They refused trading away Hughes and Kennedy for Santana because they said they didn't want to basically, double pay for him in terms of signing him to a huge contract AND giving up prospects. They knew that another AL Cy Young caliber lefty was going to be available for just money this offseason and decided to wait and make a play for him where it wouldn't cost them their top prospects.

As far as "outbidding the next team", the only team they outbid was the Mets and their contract for Santana, which set the market price for an AL Cy Young lefty in his prime. With the attainable vesting options in Santana's contract, the Sabathia contract is a few million dollars above that. To sign a similar pitcher to a similar contract, but without having to trade top prospects for them, is just a great business decision.

Their initial $140M offer, on the day free agency opened, was a brilliant strategy. It kept other teams from even entering the bidding process, even though it was a lot less than Santana's total vested contract. Then when they needed to get a deal done, before Texeira signed and put the Angels into play for Sabathia, they upped it to a few million more than market price and got it done. Without having to trade Hughes and Kennedy.

So it boils down to: $157 million for Santana and their top 2 pitching prospects or $161 million for Sabathia. How could anybody disagree with what they chose?

You really need to present any evidence to the contrary because the evidence supporting the Yankees decision to forego Santana and focus on Sabathia is overwhelming.