According to Jon Heyman of SI.com, the New York Yankees are about to sign Mark Teixeira to a 8 year, $180 million contract.
And according to Buster Olney of ESPN.com, the Yankees and Teixeira have agreed to a deal.
Free agent first baseman Mark Teixeira has reached agreement with the New York Yankees on an eight-year contract worth more than $170 million, a source involved in the negotiations tells ESPN The Magazine’s Buster Olney.
Obviously this isn’t the news we want to hear in Red Sox Nation. More on this as it comes out.
Update: The AP is reporting the deal is done pending a physical.
Update #2: Joel Sherman of the NY Post is reporting that the Red Sox were offering 8 years, $168 million.
