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Yankees, Angels GMs react to Sox message on Teixeira

Posted by Steve Silva, Boston.com Staff  December 19, 2008 08:23 AM

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In our roundup of all things Teixeira this morning, Yankees general manager Brian Cashman and Angels GM Tony Reagins reacted to Red Sox owner John Henry's announcement last night that his club would not be a factor in the pursuit of free agent Mark Teixeira. And according to multiple reports, the Red Sox are not out of the Teixeira hunt.

George King in the New York Post writes today that the Yankees are not one of the teams that outbid the Red Sox for Teixeira's services.

The Red Sox say they got outbid for free agent first baseman Mark Teixeira. Though Boston didn't talk about which teams offered more for the switch-hitting Teixeira, it wasn't the Yankees.

"Not us," Cashman told The Post late last night.

In today's Los Angeles Times, Mike DiGiovanna has the Angels' Reagins responding to Henry's late-night e-mail:

Reagins had not been informed of any Teixeira decision by early Thursday evening, and he refused to concede anything to the Red Sox.

"It just means he's pursuing his options and will make a decision at some point," Reagins said. "Until that happens, we're still in the game. . . . We made a substantial offer, and they have an opportunity to accept."

Is the Angels' bid a final offer?

"I would say it's a fair offer," Reagins said.

Informed of Henry's e-mail later Thursday evening, Reagins called it "an interesting turn of events. . . . Beyond that, I have no knowledge of it, so it wouldn't be fair to comment about it."

According to DiGiovanna's report, the Red Sox offer for Teixeira exceeds what the Angels have presented:

The Red Sox were believed to have offered Teixeira an eight-year deal in the $175-million range, and a source who is familiar with negotiations but is not authorized to speak about them on the record said it was "significantly" better than the Angels' offer.

In the Herald's Red Sox blog early this morning, Michael Silverman has an e-mail from agent Scott Boras on Teixeira's next steps:

“The Boston ownership was kind enough to request and travel to meet with Mark Teixeira. While it was a very positive meeting Mark was candid and advised he is in the process of making a decision and is now attempting to eliminate teams.”

In today's Washington Post, Chico Harlin writes that the Nationals are still in the Teixeira hunt, and are waiting on a decision.

FoxSports.com's Ken Rosenthal still believes the Red Sox will be the eventual landing spot for Teixeira, but questions if the free agent is worth the money reportedly on the table:

Wherever Teixeira ends up, and Boston is still the best guess, his deal is certain to exceed the eight-year, $160 million deal that Ramirez signed with the Red Sox in 2000 -- a deal that included $31 million in deferred payments, significantly reducing its present-day value.

Then the question will become: Is "Tex" worth it?

Aside from the obvious, "No player is" -- especially in the middle of a worldwide economic crisis -- the answer is indeed arguable.

Among active players, Teixeira ranks only 19th in adjusted OPS -- his rate above the league average expressed as a percentage.

Pujols is first in that statistic, Ramirez third and A-Rod tied for sixth. Teixeira is just behind David Ortiz, just ahead of Jason Bay and J.D. Drew. Nothing spectacular.

To view Teixeira in simpler terms, he never has finished higher than seventh in the MVP balloting -- seventh!

SI.com's Jon Heyman joins the chorus that says the Sox are not out of it yet:

The Red Sox haven't given up on the idea of signing Mark Teixeira, according to multiple baseball sources. They are just taking a break from the bidding.

Though Boston's chances to land the multitalented free-agent slugger may have diminished slightly after the sides failed to make progress in their high-powered Texas meeting Thursday night, few baseball people believe the Red Sox are completely out of the picture.

At least a half-dozen baseball executives with some knowledge of the process suggested to SI.com that the Red Sox remain interested in Teixeira and are merely intent on sticking to their last proposal (which one source pegged at close to but probably not more than $180 million for eight years). While none of these people were in the room in Dallas where Red Sox owner John Henry and general manager Theo Epstein met with Teixeira and his agent, Scott Boras, they all have some peripheral knowledge of the negotiations.

Meanwhile, Red Sox GM Theo Epstein and manager Terry Francona were scheduled to celebrate the announcement of a new partnership with JetBlue Airways at Logan International Airport at 2 p.m. this afternoon.

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