According to SI.com's Jon Heyman the New York Yankees are willing to give Andy Pettitte $12-13 million to return to the Bronx for one more season.
Pettitte made $11.75 million in 2010 when he went 11-3 with a 3.28 ERA in 21 starts.
A few weeks ago I really thought Pettitte was just playing GM Brian Cashman and owner Hal Steinbrenner a bit to see if he could squeeze them for, say, $15-16 million. The longer this goes on without a definitive answer, though, the more it seems likely Pettitte will not be in the Yankee starting rotation when the season begins.
Could Pettitte pull a Roger Clemens by staying home at the beginning of the season and then deciding to return mid-summer? It' possible I suppose, and I can't rule it out.
The Yankees are, rightly, proceeding as though Pettitte will not be part of their team. They have reportedly expressed interest in free-agent right-hander Jeremy Bonderman, among others, and are also still looking to try and bolster their bullpen -- possibly with someone like free-agent closer Rafael Soriano.