Mariano Rivera and Jorge Posada are not signed beyond the 2007 season. Given the difficulty in finding closers and catchers, the Yankees are almost certain to offer them extensions but could wait until after the season as they did with Mike Mussina.
But Rivera – believe it or not – turned 37 in November. Posada will be 36 in August. The question will be whether they accept two-year extensions. Rivera has said he wants to pitch in the new Yankee Stadium in 2009.
Meanwhile, should the Yankees follow the lead of the Mets and Phillies and sign two of their young players to long-term deals now before they get into arbitration? We’re talking about Robinson Cano and Chien-Ming Wang.
The Yankees have a history of waiting to reward their young players, even Derek Jeter. But that was when George Steinbrenner was making those calls. Now that Brian Cashman has the power, he could be proactive and engineer team-friendly deals now knowing the market will only rise as revenues increase.
The Yankees could want to get other financial matters settled now so they can devise a strategy for dealing with Alex Rodriguez. One way or another, Scott Boras will use that out clause after the season to get more money for his client, either with the Yankees or somewhere else.
Seriously, could that contract Texas gave him have been any worse? It’s like Tom Hicks goes into a trance whenever Boras walks in the room.