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According to multiple sources, Cliff Lee has agreed to sign a five-year, $120 million deal (with a reachable vesting option for a sixth year) with the Philadelphia Phillies in a shocking turn of events. Lee had been rumored to sign with the Rangers or Yankees, but instead he took the lowest offer on the table.
|Phillies Offer (winner)||5 years||$120M||Vesting Option for 6th Year|
|Yankees Offer||6 years||$132M||$16M Player Option for 7th Year|
|Rangers Offer||6 years||$138M||Vesting Options could bring deal to $161M|
So, if you believe the reports, Cliff Lee reportedly walked away from $28 million in guaranteed money with the Yankees to sign with Philadelphia, who may boast an historically strong starting rotation. A year after he was traded to the Mariners, Lee now joins Roy Halladay, Roy Oswalt, and Cole Hamels.
The Red Sox reportedly made a seven-year offer at lower amounts of money to drive New York’s offer higher, but in the end it appears their strategy meant nothing. For the first time in forever, the Yankees could not spend enough to get their man, and now that the Red Sox have signed away Carl Crawford, they may be scrambling for Plan C. With Sergio Mitre and Ivan Nova slated to join CC Sabathia and A.J. Burnett in the starting rotation, look for New York to beg Andy Pettitte to return, sign another starter and/or make a run at Royals ace Zack Greinke.