The market for Andy Pettitte to gain a multi-year deal with an average of more than $10 million per year isn't thought to be thriving. I mean, he's going to be turning 37 this year and hasn't compiled a WHIP of less than 1.40 in the past three seasons. His ERA was 4.54 last season, and that was with the luxury of pitching in Yankee Stadium -- a park known for being very friendly to left-handed pitchers.
So why hasn't he signed the Yankees one-year offer of $10 million yet? Well, his agent is floating rumors that he's been offered a three year contract worth $36 million from someone. The team hasn't been revealed, so we can't be totally sure this is true. I highly doubt someone would break the bank like this, considering all the circumstances.
We do know the Red Sox and Dodgers have both expressed interest, albeit lukewarm at best. The Dodgers would be a nice home for Pettitte, as it's a pitcher's park in a light-hitting division. Plus, he'd be reunited with Joe Torre. Still, I'd be shocked if they ponied up three years at this price tag for Pettitte, especially considering their reluctance to give more years to Manny Ramirez.
Hat tip: MLB Trade Rumors