Sources: Yankees, Sabathia near deal

LAS VEGAS -- The New York Yankees were "very close" to a preliminary agreement with CC Sabathia on Wednesday morning, following an in-person meeting between Yankees GM Brian Cashman and Sabathia in California, a baseball source with knowledge of the deal told ESPN.com.

Sources told ESPN The Magazine's Buster Olney the deal offered by the Yankees is now worth $160 million over seven years -- the most money ever paid a pitcher in major league history. The team had originally offered six years and $140 million.

While a deal is not yet done, a source told ESPN.com's Jayson Stark there are "zero major road blocks" that would prevent the Yankees from reaching agreement with Sabathia.

The New York Post first reported Wednesday that Sabathia, the prize of this year's free-agent class, had decided to go with the Yankees after fielding offers from a number of teams.

Sabathia had been courted by the Milwaukee Brewers, the San Francisco Giants and the Boston Red Sox. The Los Angeles Dodgers said that Sabathia, who lives in California, had expressed interest in playing there, too, although the team did not publicly make him an offer.

But in the end, it was clear that no other team was going to come close to what the Yankees offered. That was despite varying signals from the Dodgers -- owner Frank McCourt reached out to Sabathia personally -- as well as the Giants, who had talked about meeting with Sabathia this weekend, and the Los Angeles Angels.

The Yankees had extended their six-year, $140-million offer to Sabathia nearly a month ago and were beginning to get nervous that he simply didn't want to pitch in New York.

But two days of face-to-face meetings with the Yankees in Las Vegas, followed by Cashman's session Tuesday night with Sabathia and his wife Amber in California, sealed this deal for Sabathia.

"He's now excited about becoming a Yankee," a source told Olney.

To the Yankees, Sabathia was more than just the No. 1 prize on the free-agent market. He was the centerpiece of their entire offseason game plan. They went into the winter determined to add Sabathia and two other free-agent starters.

They have also aggressively pursued A.J. Burnett, Derek Lowe and Ben Sheets, and have made a one-year, $10-million offer to retain Andy Pettitte. So a rotation of Sabathia, Joba Chamberlain, Chien-Ming Wang and those two free-agent starters to be named later puts the Yankees in prime position to return to the postseason for the first time in two years.

But without Sabathia, that rotation would have had a whole different look. And had the Yankees not been able to land him, they might have shifted philosophies and made a major play for the biggest bats on the market, Mark Teixeira and Manny Ramirez.

In fact, the Yankees had begun to send signals that if Sabathia didn't accept their offer soon, they were ready to pull it off the table and move on. But all that became a moot point late Tuesday night, when Cashman was able to satisfy the Sabathias that they could play and live happily in New York.

Sabathia, who was dealt by the Cleveland Indians to the Brewers before last season's trade deadline, went 11-2 with a 1.65 ERA in Milwaukee, carrying the Brewers into their first playoff appearance since 1982.

He has a career record of 117-73 and a 3.66 ERA in eight big league seasons, mostly with the Indians. He won the American League Cy Young Award in 2007, going 19-7 with a 3.21 ERA as the Indians reached the AL Championship Series that season.

Source: ESPN