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Red Sox executives flew to Texas on Thursday believing they were close enough in negotiations to complete a deal with Mark Teixeira. But after they arrived, they were informed that their offer to Teixeira -- something in the range of $165 million to $170 million -- was short by upwards of $25 million
It's unclear exactly what offers Teixeira has in hand. But as of Friday morning, the New York Yankees had not made an offer, and the Baltimore Orioles had not increased the single offer that they had made, and there remained an expectation in place that unless Teixeira is willing to give Baltimore a major hometown discount, he will be playing someplace else in 2009.
http://payneinsider.com/
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