A Seven - Year NY Offer to Cliff Lee Puts Pressure on Rangers
By REUTERS
Published: December 9, 2010
NEW YORK (Reuters) - Negotiations for the biggest prize in Major League Baseball's free agent pool heated up Thursday when the New York Yankees reportedly upped their offer to Texas pitcher Cliff Lee and Rangers chief Nolan Ryan admitted he was concerned.
Left-hander Lee, the 2008 American League Cy Young winner who helped the Rangers beat the Yankees and reach their first World Series this past season, had been offered a six-year, $140 million deal from the Yankees before the pinstripes upped the ante by adding a seventh season.
"That's what I've heard," Rangers president and co-owner Ryan told ESPN radio when asked about the new offer.
"We obviously have to be concerned about that. Seven years for any contract is really stretching one out.
"I'm not sure how you make a prediction how somebody is going to be performing in six or seven years from now."
Seven does seems to be the magic number after Tampa Bay outfielder Carl Crawford agreed a seven-year free agent deal with Boston for a reported $142 million after Washington gave Phillies slugger Jayson Werth $126 million for seven years.
Ryan did not claim poverty in the scramble to retain Lee, who the Rangers acquired in a mid-season trade with the Seattle Mariners, but no team has pockets as deep as the Yankees.
New York may be feeling increased urgency about landing Lee after the rival Red Sox added Crawford following a trade with San Diego for slugging first baseman Adrian Gonzalez.
"I think everybody has a ceiling that they have to understand and what doesn't make good economic sense," Ryan said about the pursuit of Lee.
"The way that we look at contracts of that nature is not only the length of time and the amount of money, but also the impact on the organization.
"If a certain part of that contract is unproductive not only are you not getting production...you're also not being able to use that money to strengthen the ballclub."
"If the reports that are coming out are true, they make it more challenging for us. We are scheduled to visit with them (Lee and agent) again, hopefully today. Where the negotiations go from here is hard to predict."
(Editing by Julian Linden)