The Yankees are telling people they only have $1-2MM for their open designated hitter spot, tweets Jon Heyman of CBS Sports. Heyman feels that such a budget would take them out of the running for Carlos Pena and most likely Johnny Damon. According to Andy Martino of the New York Daily News, Yankees insiders said they haven't had time to fully consider DH options, having traded Jesus Montero so recently. Martino says the Yankees "won't spend lavishly" on a DH, especially with plenty of internal candidates for a potential timeshare.
No one would be surprised if the Yankees find a few million bucks in the couch cushions for someone like Pena. I can't see why Damon, another Scott Boras client, would merit much more than $2MM though.