Yanks make BIG offer to Rivera

[Elbren]

FoxSports Link

3 years / $45 Mil.

Jesus. They wanna pay Posada and Rivera almost $100 Mil. into their 40's?

Better them than us I guess.

[PaulFolk]

That's the kind of thing you can afford to do when you've got near-limitless supplies of money.

It's no surprise they're shelling out that kind of dough for Posada and Rivera. Those two have been with the Yanks since the very beginning of their 90s dynasty, and they're not about to let them walk away.

[Frobby]

Three observations:

1. Nice to see the Yankees being loyal to two players who were key components to multiple championhips.

2. These guys will be grossly overpaid compared to their peers, especially in the back years of their contracts.

3. I'd like to think that this will tie up a lot of payroll the Yankees could be spending elsewhere, and will preclude them from doing something else they want to do down the road -- but unfortunately I doubt it.

[Leitch]

YESSSSSSSSSSSSSSSSSS

The more old and expensive the Yankees are, so much the better for us.

[TyCobb]

The Yanks had to do this for Rivera. Can you imagine him on another team?

[Leitch]

If he did change teams, would he have to change his number?

[byrdz]

Three observations:

1. Nice to see the Yankees being loyal to two players who were key components to multiple championhips.

2. These guys will be grossly overpaid compared to their peers, especially in the back years of their contracts.

3. I'd like to think that this will tie up a lot of payroll the Yankees could be spending elsewhere, and will preclude them from doing something else they want to do down the road -- but unfortunately I doubt it.

4. These two signings keep them from losing draft picks. That's assuming their replacements would had to have been Type A's.

[Elbren]

4. These two signings keep them from losing draft picks. That's assuming their replacements would had to have been Type A's.

I doubt they care about loosing high round picks. They do their best work by overpaying for 1st round talent in the later rounds.

[Gurgi]

I think it would of been smarter of them to let them go. Arent they getting a new Stadium soon? They wont be hurting for money anytime soon after that baby is done.

[mweb]

Once again, bad contract for any other team, not much of a problem for the Yanks.

[Peace21]

He will accept it..just using some leverage for the time being.

[scOtt]

I have to say, it is OBSCENE the way they throw money around. Posada and Rivera are like the 5th and 6th most important factor for them this offseason, and they've already offered/spent like OUR whole payroll!

There oughtta be a law or a rule or sumpin'

[scOtt]

I have to say, it is OBSCENE the way they throw money around. Posada and Rivera are like the 5th and 6th most important factor for them this offseason, and they've already offered/spent like OUR whole payroll!

There oughtta be a law or a rule or sumpin'

Can you feel the Yankee hatred in this post? I don't think I really captured it well enough. Can I have another take Mr. DeMille?

[Rockbird]

YESSSSSSSSSSSSSSSSSS

The more old and expensive the Yankees are, so much the better for us.

How long have we heard this? I guess it's paid off with us having that dynamic young, cheap rotation of Wang, Hughes, Chamberlain and Kennedy that will dominate for years...oh wait, that's the Yankees.

[LochRavenMan]

I doubt they care about loosing high round picks. They do their best work by overpaying for 1st round talent in the later rounds.

I think you are wrong on this. I think they care very much about collecting as many higher draftpicks as they can and actually think you won't see them sign any Type A free agents that weren't already on the Yankees, becauase there really aren't an Type A FA's that are worth it.

Also, Hughes, Joba and Kennedy were all first round picks (Joba supplemental), so I think they are trying to move away from those years when they signed several Type A's and lost their picks. It depleted their system.

As far as how the years given to Mariano and Posada, it really doesn't matter. Do you see Mariano being a bad pitcher in 3 years? I don't. Even if he isn't good enough to be a closer (though I think he probably will be) he can still be an important part of the bullpen. It's not like he will be blocking anyone. Same goes for Posada who will be able to slide to the backup role at still play if he starts to be terrible.