Andy Pettitte’s deal has officially been made with the New York Yankees. The Bronx Bombers signed the 37-year-old lefty to a one-year $11.75M contract. Pettitte will make more than double in 2010 than he did in 2009, not counting performance bonuses. I guess a stellar performance in the playoffs pays huge dividends.

The Daily News had some creative word play in this morning’s paper to make one think that the Yankees next move will be to go after Roy Halladay. But in reality the Daily News doesn’t have a freaking clue. Just below the Halladay is coming to NY propaganda article, there was another one that quoted a New York Yankee employee claiming they’ll be searching for a 4^th of 5^th starter and not another ace. Considering Pettitte’s deal is official and they already traded one of their two big minor league prospects (OF Austin Jackson) away to get Curtis Granderson I doubt the Yankees will be fishing for a Halladay holiday or willing to trade any more of their young guys, especially not Jesus Montero.

Other rumors in the world of Yankee fandom claim that the Steinbrenner’s have no desire to go over the budget of $200M. As of last night’s signing of Pettitte, the Yankees are around $180M. This gives them nowhere near enough money to grab Halladay and barely gives them enough (assuming a few million in breathing room) to sign Damon and a 4^th or 5^th starter. Although the Yankees have and will always be the biggest spenders in American sports, I just don’t think they’ll sign Halladay. But maybe that’s just because I don’t want them too. Then again this all is assuming the Yankees actually stick to a budget.

Talks in Indianapolis are coming to a close but that by no means indicates that the Yankees’ checkbook will be put away. In fact it doesn’t really mean much of anything. Keep checking in with us at gearupforsports.com and I’ll keep you informed.