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Yankees Offer Sabathia New Deal, AP Says; Red Sox Keep Scutaro

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Oct. 31 (Bloomberg) -- The New York Yankees made a new contract offer over the weekend to All-Star pitcher CC Sabathia, who could opt out the remaining four years on his current deal today, the Associated Press reported.

Sabathia, 31, has gone 59-23 with a 3.18 earned run average for the Yankees over the past three seasons and led the American League in wins in 2009 and 2010. He has $92 million left on the seven-year, $161 million contract he signed with the team before the 2009 Major League Baseball season.

Details of the new contract offer to Sabathia weren’t announced, AP reported, citing an unidentified person familiar with the negotiations.

If Sabathia opts out of his current agreement, he’d become the top free agent pitcher available this offseason. Sabathia, the 2007 AL Cy Young Award winner, has a career record of 176-96 with a 3.51 ERA over 11 major-league seasons.

Albert Pujols of the World Series champion St. Louis Cardinals, a three-time National League Most Valuable Player, is the top position player on the free agent market.

Jose Reyes, who spent his first nine seasons as the New York Mets’ shortstop, is among the 148 players who became free agents after the World Series, as are first baseman Prince Fielder, pitcher C.J. Wilson and reliever Francisco Rodriguez.

The Boston Red Sox exercised their $6 million option on shortstop Marco Scutaro’s contract for the 2012 season. Scutaro, who turned 36 yesterday, hit a career-best .299 this past season with seven home runs and 54 runs batted in.

To contact the reporter on this story: Erik Matuszewski in New York at matuszewski@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

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