Damon turned down Yankees' offer last week

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SI.com’s Jon Heyman reports that the Yankees made a final offer to Johnny Damon last week that would have paid him $6 million for 2010, although half the money would have been deferred without interest.
Damon turned that down and the Yankees quickly signed Randy Winn for $2 million instead, so now he’s searching for a new team. Damon’s agent, Scott Boras, is said to have told the Yankees early in the offseason that he’d accept nothing less than a two-year deal worth $26 million and after it became clear that wasn’t happening they reportedly turned down a two-year, $14 million offer.
Shooting for the moon early and then having too much pride to accept a lesser-but-still-good offer is one thing, but turning down $6 million in mid-January is flat-out foolish for a guy who’s repeatedly said he wants to stay in New York. My guess is that Damon won’t get $6 million from wherever he winds up, and even if he gets around that same money from his new team was it really worth leaving the Yankees?

Twins sign Michael Pineda to a two-year deal

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The Twins just announced that they have signed pitcher Michael Pineda to a two-year contract.

Pineda, 28, has a 4.05 career ERA and has struck out 9.1 batters per nine innings over 680 career major league innings.

Pineda underwent Tommy John surgery this past July, so the Twins are buying a 2018 filled mostly with rehab and a pitcher for 2019. As such, the deal is probably not too taxing financially, but could pay off pretty well for them if Pineda comes back strong.