"Both teams offering 40 million and Cashman talking to him now. Mike said Yankees not getting Pettitte."
Did he say "If the yankees are seriously considering signing Lilly, they won't go after Pettitte" or "Offering to sign Lilly means they think they won't get Pettitte"?
Or "Cashman says Pettitte is no longer an option"?
I still don't buy this as a rumor. He'll be a Cub, and I don't think the Yanks matched that offer. It doesn't line up with anything they've said or done this offseason. They whole reason they bid on Igawa was because they DIDN'T want to offer Lilly or Meche 4/40.