The clock will strike midnight with none of the Yankees free agents re-signed.
The Yankees do not expect to work out any sort of deal before tonight’s deadline, meaning all of their free agents — including Derek Jeter and Mariano Rivera — will hit the open market at 12:01 tomorrow. The Yankees have had exclusive negotiating rights since the end of the World Series, but no deals have been reached.
This hardly comes as a surprise. The team has given no reason to expect a quick resolution with Jeter or Rivera, and Andy Pettitte has always been expected to take his time deciding whether to come back next season.
The Yankees will also not re-sign either Austin Kearns or Marcus Thames within the exclusive negotiation window, leaving both outfielders free to sign elsewhere.