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Yankees Still Waiting To Hear Back From Cashman, Sabathia

The New York Yankees have offered both left-handed starter CC Sabathia and general manager Brian Cashman contracts for the coming season, but neither has signed, according to a report Monday from ESPN New York.

Though Sabathia has not yet filed for free agency, he is expected to opt out of the final four years of his contract and test the free-agent market, although he still could wind up signing a new deal with the Yankees afterward. Cashman has had the final version of his contract offer since Saturday is expected to sign soon, a source told ESPN New York.

"All the terms and conditions are done," said the source, who declined to provide details of the contract. "My understanding is (Cashman) was going over it with his lawyer (Saturday night)."

Cashman's three-year, $6 million contract expires Monday, while Sabathia has completed four years of his seven-year, $161 million contracted, after which he is allowed to opt out for free agency if he so chooses.

For complete Yankees coverage throughout the offseason, visit Pinstripe Alley.