Yankees agree to terms with Teixeira
Mark Teixeira won't be signing with the Red Sox after all. In fact, what some might consider the worst-case scenario has suddenly become a stunning reality -- the slugging first baseman has decided to join the Red Sox' fiercest rival, the New York Yankees.
The Globe's Adam Kilgore and Nick Cafardo have confirmed reports that Teixeira, a remarkably consistent 28-year-old switch-hitter who has hit 203 home runs in six seasons in the majors, has reached an agreement today to join the Yankees. SI.com's Jon Heyman and ESPN's Buster Olney simultaneously broke the news earlier the player and the club had come to terms on an eight-year, $180 million deal, with Heyman also reporting that Teixeira received a full no-trade provision.
The Red Sox were considered by many to be the front-runner for Teixeira, with the Washington Nationals also reportedly the other finalist. But the Yankees, who were believed to be on the periphery while other teams, including the Baltimore Orioles, pursued Teixeira, made their move today, bringing to an end what seemed like a drawn-out process by Boras and the player.
The Red Sox met with Teixeira late last week at the player's Dallas-area home, and reportedly made an offer for eight years and approximately $170 million. Red Sox owner John Henry sent an e-mail to reporters after the meeting with Teixeira and his agent, Scott Boras, saying that it seemed the Red Sox were not "going to be a factor" in the hunt for Teixeira. But the offer remained on the table and the Red Sox were still considered serious suitors, even the favorites, as recently as this afternoon. The Herald's Sean McAdam reported late this afternoon that the Red Sox slightly upped their offer yesterday, but after being stonewalled in their attempts to get a straight answer from Boras last night and this morning, they tried to set a hard deadline for the deal to be accepted after becoming convinced that their offer was being shopped elsewhere, possibly to the Yankees.
According to a report in the New York Daily News, the Yankees became more interested in Teixeira only after the Red Sox couldn't close the deal on their visit and the Los Angeles Angels announced Sunday night that they would no longer attempt to re-sign him. Wrote the Daily News's Bill Madden: "It was then learned that Teixeira had favored the Yankees all along and according to sources he conveyed that to them this week." Madden also reported that Teixeira received a $5 million signing bonus, bringing the contract's full value to $185 million.
Teixeira's deal raises the Yankees' offseason spending spree to $423.5 million. Just last Thursday, the Yankees completed agreements with two highly prized pitchers, giving CC Sabathia a $161 million, seven-year contract and A.J. Burnett an $82.5 million, five-year deal.
Preparing to move into their pricey new ballpark, the Yankees will hold the four largest contracts in the sport as they try to win the World Series for the first time since 2000. Third baseman Alex Rodriguez has baseball's highest deal at $275 million over 10 years, and shortstop Derek Jeter is second at $189 million over 10 years.
Teixeira's agreement came just one day after the Yankees received a $26.9 million luxury tax bill for 2008, when their streak of 13 consecutive playoff appearances ended. But with the revenue from their new stadium, where tickets are priced at up to $2,500 per game, their appetite for free agents wasn't diminished.
Neither the Orioles nor Nationals, two teams close to Teixeira's hometown of Severna Park, Md., could lure the free agent prize.
"We would have loved to have had the player, who appealed to us because of the special circumstances of where he's from and where we are. We diverted from our plan to try to get him," said Orioles president of baseball operations Andy MacPhail. "But at the end of the day, it was just too much to pay for one player. It would handicap our ability to go forward."
The Washington Nationals also held talks. General manager Jim Bowden said his team's owners "demonstrated their commitment to win, when they stepped up in negotiations ... at the highest level."
"We are disappointed we weren't able to sign him," Bowden wrote in an e-mail to the Associated Press, "and will now turn our attention to several other opportunities to improve our major league club this offseason."
It is not the first time in recent seasons that the Yankees have swooped in and acquired a player on the Red Sox' radar. Following the 2003 season, the Rangers agreed to trade superstar shortstop Alex Rodriguez to the Red Sox, but the deal was vetoed by the Players Association because it called for a voluntary reduction in salary. As the deal stalled, the Yankees moved in and acquired him for a package that included second baseman Alfonso Soriano on Feb. 13, 2004.
In December 2005, the Yankees signed popular Red Sox center fielder Johnny Damon to a 4-year, $52 million contract after Boston management, skeptical about Boras's claims that he had a lengthier offer in hand, refused to offer a deal longer than three years. Rodriguez, Damon, Teixeira were all represented by Boras at the time of their respective negotiations.
Teixeira batted .308 with 33 homers and 112 RBIs while splitting the 2008 season between the Atlanta Braves and the Angels.
Material from the Associated Press was used in this report.



Insanely stupid of the Sox to let Tex go to the Yankees. Is Henry just gutless at the moment of truth?
g*d do i hate the yankees.
oh good grief! Even more of a reason to hate the Skanks. They cry to the city that they need more money but they can spend 360 million on 2 players in the last month! Go screw SKANKS!
Please let this be true. The Yankees will be paying 3 good players over $50 million for the next 5 years. You couldn't ask for a greater misuse of capital.
oh good grief! Even more of a reason to hate the Skanks. They cry to the city that they need more money for their new stadium, but they can spend 360 million on 2 players in the last month! Go screw SKANKS!
If this is true, it sounds like we don't want this guy in our clubhouse anyways...
miserable....
This is RIDICULOUS. I was hoping so badly to be able to root him on for years to come and the Jokees come along and swoop him up.
The management really let this one get away...
I guess I won't be renewing my MLB package!!! Not a good day for Boston Baseball. Is Manny next?????
Well this is typical. Just like the A-Rod deal years ago - It is amazing - AMAZING to me how many times reports come in that the Sox have landed a huge free agent and then he slips away. I can't stand the free agent speculation! I have free agent blue b*lls once again!
great. Now go sign a pitcher
John Henry blew it!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Sox are looking like a third place team right about now.
Dear God, please kill me now...
I can't believe it, but at the same time I don't know why I didn't see this coming.
Hahahahahahahaha!
Sox will bleed ! Poor soxcky
....INSTEAD OF COMPLAINING, JUST STOP GOING TO GAMES!!!! ITS THAT SIMPLE....
Good!
Watch him go down in flames like all the other free agent signings the Yankee's have done in recent years......Thoughts of Pavano, Giambi, Kevin Brown, Arod.......maybe the Sox were driving the price up on Tex for the Yankee's?? LOL
Par for the course. Should we call him 'T-Rod'?. The Yankees will never win another championship! They will soon realize that, while they have the best "individual" players, they are far from having a "team"!!
Insane. Sox drag their feet (like with A-Rod) get fans all excited and frustrated. Talks linger for what seems like years and BOOM! Yanks come in with an offer, and a deal in a few hours. WTF?
This is twice in his career he has dumped on the Sox. I pray he's the next ARod come playoff time. Shore up the rotation and bullpen and strap yourself in. Its gonna be a bumpy ride.
Way to go John Henry! For an extra 10 mill we are now bound to mediocrity for 8 more years!
Can you say the MLB needs a salary cap ????
The yankees will win atleast 5 WS in the next 8 years!
Boooorrrrrinnngggg ! Buh Bye MLB
Bahahhaahahahaha suck on that John Henry
Post and Times are quoting Yankee execs
Way to Blow this one front office. All I can Say is wow someone needs to get there head out of there you know what.
The Yankees finally have a team that ranks with the Red Sox. Remember next year has free agents as well. Keep with the youth movement. Sign Lowe if his price is right.
Really gotta say this...there isn't very much reason for any baseball fan short of being a slimeball Yankees fan to watch next season. At all. Completely jaded how this is even allowed.
Ahahahaaahha, awesome! I knew we wouldn't get this hamsled!
The Evil Empire strikes again!
The 2009 Yankees=2008 Tigers
First
ARE YOU KIDDING ME???????????????????????????????????? How could they let this happen? Isn't that the SAME deal the Sox had on the table??????????????????????????????????????????
OMG - I want to jump off a bridge.....! Yankees are instantly the favorites in the AL East for 2009.....ARGH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Good move, I think Manny would have driven them nuts. Where's Manny going? Who wants to deal with his crap?
So much for Cashman being a "straight-shooter" who wouldn't lie.
Can't let the pinstripes outflank them on this or Lucchino and Epstein look like chumps. Who then boys? Manny?
Oh that's right, I remember the refrain from last August, "We don't NEED another power hitter."
What a joke.
So now he's a stepford player........I'd rather play little league my whole life than wear pinstripes .............
They will have the four highest paid players in the game. One word....DISGUSTING!
way to drop the ball, sox management
Of course.
Ha! It worked....we drove the price up on the yanks AGAIN!!! Who would pay that much for a guy who's never finished in the top 5 of MVP voting? Plus Boras's market for Manny most likely just shrunk.
No surprise. You could see this coming all along. Yanks taking Tex destroy the Sox options, as the only other hitting option would be Manny. Still, this will turn as just more money wasted by the Yankees. The Sox can and will compete, despite the bandwagon fan frenzy which will come out of this and the lashing out at Theo and Co for not pulling the trigger. Lowell will be healthy, we still have a solid lineup (Pedey, Youk, Lowell, Bay, J.D. (if healthy)) and if Ortiz returns to form, there's little to worry about.
miserable....
The Red Sox are losers for not stepping up and signing Tiexeira, and this will be one of the biggest blunders in this ownerships history. They can't come up with more than 20 mil and change for this guy? What are they thinking, what they will be thinking is why they didn't sign him everytime he comes up to bat in Fenway for the next 8 years. IDIOTS!!!!!!
Better check with Mazz on this--he's in on all deals in baseball--the guy really gets it .
that figures. spend your heart out, NY
It figures, I hope he ends up like A-rod.
...crap...
Oh the boos at Fenway this summer.....
Simply awful
Good !!! I will enjoy it when the Yankees fall flat on their faces after spending all that money. I would rather keep Mike Lowell around. Now the Sox should stick it to Boras by not signing Varitek. They should pass on Lowe too and try to trade for Peavy instead. Teixeira just became the most despised Yankee.....move over A-Rod.
Yankees will be bankrupt in 8 years. They have too much salary and too much debt to be able to continue this spending in the current economy. New York City is the epicenter of the financial crisis. 8 years the Yanks will be in Chapter 11 or sold outright.
I'm reminded of how I felt after the Yankees stepped in and grabbed A-Rod --- how can they not be prohibitive favorites to win? But how many WS titles did that A-Rod deal bring the Yankees and how many WS titles have the Red Sox won since then?
disgusting!
how depressing....
I'm going to be sick...
Holy drunken republicans! The Yankees are going to be spending about 130 mill to pay 6 guys this year! Unbelievable.
Jerkwater burg.
Un-believable. WTF? All nasty thoughts flooding in. "Keep the faith" mantra is quickly losing its appeal...
Sox have fallen behind Tampa Bay and now NYY. Time for something bold. How about:
Lowell, Bucholz, Del Carmen a pitching prospect and Bay to Texas for Josh Hamilton, Salty and Hank Blalock. Blalock could man 1B until Lars Anderson is ready, Yuk moves to 3B and Josh Hamilton to Left. Personally I think Hamilton is becoming the best player in the game, and IMO a bigger impact bat than Tex. One on par with Manny.
My hatred for the Yankees has softened over the past few years; however I am starting to feel a strong rebirth of hatred rumbling in my stomach. Or am I just suffering from the fact that the Sox squabbled over a little bit more than 1 million per year for Teixeira?
A full on hatred of the Yankees will be fun again, I may even look for my old Yankees Suck T-shirt.............Probably not..............
ohhhhhhhh, that's going to leave a mark...
Way to go Theo, John Henry, et al!
Looks like the Babe Ruth curse is back again. Boston pulls out so the Yankees swoop in. Looks like they really want to win. And to think that the press kept on saying that the Sox were the "front runners." That's what the pro-Boston writers like Gammons kept telling everyone.
It would make sense. Manny isn't coming back to Boston. The scenario where the Yankees get Teixeira and the Sox get nothing makes more sense then countering the Sox signing Teixera by then signing Manny.
Unbelievable
oh that just great!!!!! damn!!!!!
Makes me sick to my stomach. If they get Manny too, I'm moving to Canada. What's another 75 Million!!??!! Let not panic. Theo and the boys surely won't. Lets see how we respond. We still have the deeper, more injury free rotation and some money to spend ourselves.
No Mark Teixera, no Manny Ramirez, that leaves......Julio Lugo. Yeah, he's just as good. I'd take Julio Lugo anyday over the best 2 players in baseball.
Way too much money. Way too many years. Thank God the Sox didn't feel the need to outbid the Yankees for this guy. Huge mistake.
Theo..... getting that insecure feeling. Unfortunately no Manny/Ortiz combo to bail you out of trade blunders. Thinking deep inside...... may be may be we should have sit down with Manny and told him either we would pick two years option or not. Your Ego didn't allow....!!!
All Theo apologist blame Manny as if FO did nothing wrong.Manny produced for 7 years his contribution warranted better appreciation from FO. I hope this not another drought.
Is Manny still available?
Highest ticket prices in Major League Baseball and the Sox let another prize free agent go to NY. Merry Christmas.
I am done with baseball. I can't watch a sport that has such a disparity in payroll where one team spends so much more than even the second highest team. The Yankees continue to make a mockery of this sport. The Red Sox are not inocent in all this, but come on, the Yankess are forming a fantasy baseball team.
Are you kidding me!!!!! !@#$@#$$
Typical Yankee BS.....hope he chokes on the extra cash. Reminds me of the Giambi signing, we all remember how that turned out.
Look for a flood of Yankee yahoos on this site to crow that they have now sewed up the World Series. Unfortunately for them, baseball is played in the summer - and not on blogs.
Sox did exactly the right thing in not taking the bait. In perspective, they are successfully building from within (Lester, Youk, Pedroia, etc.). The Yankees are NOT enjoying similar success (Cabrera, Cano, etc.). Thus, they have little choice but to be Boras' b•tch.
And I don't think this is something Cashman wanted to do, either. This has Steinbrenner 'wisdom' writ all over it.
Yankee fans should celebrate whatever they think they've 'won', while they still can. But I remember all the crowing over A-Rod's signing, too. Not to mention Damon. All I can say is: Show us A-Rod's rings, third-placers!
Francona and the front office will say they like their team and their prospects and their chances. So do I. Tex will improve the Yanks, no doubt about it. But then, he improved the Angels, too, didn't he?
So we all get hosed courtesy of the Scott Boras Idiot Machine...maybe they should just trade for players of quality caliber, get rid of Clay before is stock plummets faster than the recent gas prices...
Problem you have now Red Sox, you need to counter with something fantastic FAST or the lifelong Red Sox fans will think you are just giving up on trying to be more competitive against the Rays and Yanks.
This was predictable. After Henry blustered about not going beyond 170 million the Yanks up the ante slightly to 180 million. So for 1.25 million more the Yanks win. Not only does this mean 3 rd place for years to come but the lost revenue over the years will be huge. This may be the second biggest blunder by the Sox since they sold Ruth to the Yankees. The name of Franzee and Henry is now interchangeable.
I hope this is wrong - we can't let the Yanks win again !
I hope that they enjoy splashing money on players that have never helped anyone win anything. Anaheim traded for him last year with the AL West already wrapped up. What did they do in the playoffs? CC 1-3, 7+ ERA in postseason, Burnett, will be out for the year by the AS break. Just unbelievable.
Woo Hoo. Although Teixiera may be the best free agent this year, his numbers don't deserve this type of contract. In addition, having one exorbitantly paid player on a team with a lot of guys who are making much less can't be good for clubhouse unity.
Hopefully Lowell will return to his pre-surgery form, and this year will make us all happy that Teixiera decided that the Yanks were the place to be.
Wow. just wow. As if we didnt need any more reasons to hate the Yankees. At least we'll be laughing when they have to pay that luxury tax bill... and no playoffs to show for it.
Who cares!!!!! Is there actually some real news out there somewhere.
This is a joke,I just heard that with the new stadium and the yes network the Yankee will bring in 700 million a year,that means they could have a salary at about 450 million a year and still make a 1/4 of billion profit.Its time that a salary cap has to come in baseball.Even if it means that baseball falters and a new league has to start up.Nobody can compete with a team that has a bottomless pit of money.
HAHA, that is hysterical. Typical Sox (yes, I am a fan). Weeks of negotiating and then the Yanks sweep right in and cut through the BS and get right to the chase. Can't wait to see what Email Henry has to say on this.
per year isnt that less than what the sox were offering??
LETS GO YANKEES!!!!
Penny wise, pound foolish. We will regret not getting this guy.
Bitch and moan about the money all we want, but the Yankees just got a lot better.
And they can get Varitek, too.
i'm legitimately blown away. just shocked. this sucks. god i hate the yankees.
Spend the money elsewhere.. Can we get Peavy?
Once again, the almighty dollar is the only important thing to a baseball player - what a surprise. Good thing you squeezed those extra couple $$$ out of the yankees. God knows, 170 million doesn't go as far as it used to.
Wow...thye are building quite the powerhouse now...who is left for the Sox now? As crazy as it sounds we need Manny back and fast. otherwise i see no way of staying with the Yanks now. I mean who else is left out there for us to put in the4 middle on the line up like we now desperately need? Its just to bad he had to burn bridges like he did..we really could use another couple years of Manny bat here now. He is the best right handed bat ever maybe.
This is amazing. John Henry and Theo Epstein should both be ashamned of themselves right now. There is no excuse for letting Texiera go to the Yankees!!!
The 2009 season is over right now !! The Sox are headed for a 3rd place finish.
i dont know wht to say i think the yanks are on a spending spree dont know if it helps them set to the playoffs though
When is New York going to learn? How many times do they have to put their hands on the hot stove before they figure out that burns hurt. They won titles in the 1990s with HOMEGROWN talent and the right mix of good players with decent chemistry. Once they started hunting big game, they stopped winning titles. Mussina never won a ring, nor has any of the other big named high priced guys they have gotten. So now, I guess their plan to buy them all and not just most of them?
Now they do not need poor Manny, where will he end up?
He is a mercenary, so he is PERFECT for the Yankees And as for theYanks,
Insanity: Doing the same thing over and over and expecting a different result. The Yanks had their best years when they combined some FA talent with a healthy smathering of home grown talent.
The Yankees made the smart move. They could've had Manny Ramirez OR Mark Teixera, and they picked Teixera because it not only makes them a better team but it cripples the Red Sox.
They overpaid.
We'll be fine as long was we bolster the pitching staff.
But what 'bout Manny?
SCOTT BORAS IS OUT TO GET THE RED SOX!! THIS PROVES IT, HE IS SECRETLY A YANKEES FAN!!! F**** HIM, F*** SCOTT BORAS
Are the Sox cheap? Is my ticket money going straight into their pockets? Why don't they compete with the Yanks???? Probably because the foolish Red Sox fans sell out Fenway no matter what. Count me out until the Sox show they really want to compete. Did the Sox have a chance to counter-bid the Yanks? Maybe not and that may be Boras paying Henry back for going public. Henry did not need to go public. Oh and how many games next year until Papi and Lowell are banged up again? Glad I didn't buy any tickets for next season yet. I'll keep my money in my pockets instead of the Sox pockets.
I am thrilled, but all this means is they had a more successful Hot Stove League.
They have not won anything yet, the games must be played and anything can happen as we saw a few years ago in the ALCS
It is going to be fun to beat this team of over-priced players next year. The Steinbrenners will learn what the Orioles already know....you cannot buy championships. Championships are won by teams and players with heart and character, not a few high-priced prima donnas. The highest priced of them all, A-Fraud, is the poster-child for overspending...he has won exactly ZERO championships in Seattle, Texas and New York. This is going to be a fun year!
One more reason to DESPISE the Yankees, people cannot pay their rent, barely surviving and these dispicable people, (Tex included) make me want to throw up!
Sickening, just SICKENING..
Evil Empire is back. How did Theo blow this one?
The Boston Red Sox should refuse to ever deal with Scott Boras ever again, including 'Tek! Regardless of who he represents, if a player cares to play for the Sox or take a bid from them they should have to fire Boras in order to get an offer. This guy has RUINED baseball!
On a differnt note... I hope the Yankees sign Manny too. Then the entire world can see how detacted from the working man or any man for that matter, they really are. With the world in the financial state it is in to have a team with a HALF A BILLION Dollar Payroll is truely repulsive.
Henry and Theo have ruined my Christmas. How do you let yourself get swindled by the Yankees? You know they were gonna sweep in and try to do this. Bid them up. Make a counter proposal. Tex was the one guy we needed. You are sure as hell not taking Manny back. So, where is the new, big bat coming from? Adam "Strikeout" Dunn? I know, I know, you are gonna come back and sign some second tier guys on deals......but, Tex is legit.
Thank god! if the Yankees don't win the world series, they will be the laughing stock of all sports forever...Sox are better off spending the money elsewhere...Youk and Bay for one....They can pick up Dunn and Abreau for less than Tex is getting for a year....Lowell, Papi and JD will all see sometime on DL or need rest...Elsebury might fade...not bad having Dunn and Abreau in the mix...and still keep the core of our team...or even better, spend money of shortstop and catcher...where we really need it...
Unbelievable. So no Tex and still no catcher. Apparently the Boston Brain Trust wasn't watching their boys getting taken to school by the Rays last season.
Good job Theo.
Kill Me
A-Rod 2.0
The Evil Empire can have him...and we'll stick with Mike Lowell who has two more rings and countless more clutch postseason hits!
John Henry, you scrooge
You dropped the ball
You flew down to Texas for nothing, at all
Boras is filthy, and a money-grubbing troll
though somewhere there's a smile on the face of Mike Lowell
GREAT!!!
Now where do we go.. Ortiz is slowing down, we have no catcher, our shortstop sucks!!
There is still Orlando, and LOWE... Hell lets bring manny back
good lets move on and get Derek Lowe and Varitek.
We'll have to see if he is worth that 23 million they are giving him. No worries we still have a great team of scrappers.
After watching major league baseball for over 50 years I have observed that strong pitching typically beats good hitting every time and that goes for Texeira as well as any other good hitter. Red Sox will move forward to Plan "B" for a lot less $$$!
Maybe Teixeira and AJ Burnett can massage each other in the whirlpool when they are on the DL together..
Uggghhh . . .
There must be a plan. here is what i think it is:
Let Tek go... lay the prospects (Lowrie plus a pitcher) on Florida for Hanley. Press on.
Let the teeth gnashing and Yankee envy begin.
Yes!
Way too much money. Way too many years. Thank God the Sox didn't feel the need to outbid the Yankees for this guy. Huge mistake.
Man, am I going to enjoy hating this guy.
Mark Teixiera, you shall be known from this day forward as PussyLips.
And the Yankees have officially become the Washington Redskins.
John Henry should have shut his mouth. It will be very interesting to see if Teixeira is the golden goose or a goose egg. This is not good for Boston