Tampa Bay Rays v New York Yankees

Are the Yankees preparing for a shopping spree?

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Sources close to ESPN’s Andrew Marchand tell him that the Yankees are preparing for a shopping spree that could total as much as $300 million. Marchand recalls that the last time the Yankees unloaded that much money in a single off-season came after the 2008 season, when the Yankees committed a total of $423 million to CC Sabathia, Mark Teixeira, and A.J. Burnett.

The Yankees are expected to push for Japanese pitcher Masahiro Tanaka and many believe they will eventually bring second baseman Robinson Cano back after he deflates his price. As their catching situation is a bit of a mess, Brian McCann would make some sense. They have had their eye on veteran outfielder Carlos Beltran as well.

With Alex Rodriguez’s future up in the air as his legal battles are pending, Derek Jeter’s health a gigantic question mark, and having watched Mariano Rivera walk into retirement, the Yankees want to do something to generate renewed interest in the organization. It will be tough to do that if they stand pat with a team that finished in a tie for third place in the AL East with an 85-77 record.

The Padres are aggressively shopping Yangervis Solarte

PHOENIX, AZ - OCTOBER 01:  Third baseman Yangervis Solarte #26 of the San Diego Padres fields a ground ball against the Arizona Diamondbacks during the sixth inning of a MLB game at Chase Field on October 1, 2016 in Phoenix, Arizona.  (Photo by Ralph Freso/Getty Images)
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In a column published on Sunday, Ken Rosenthal of FOX Sports says the Padres are “aggressively shopping” third baseman Yangervis Solarte. The 29-year-old is entering his first of three years of arbitration eligibility and is projected to earn $2.7 million next season.

This past season, Solarte hit a solid .286/.341/.467 with 15 home runs and 71 RBI in 443 plate appearances. It’s quite impressive factoring in that he plays in the pitcher-friendly Petco Park.

Given that Solarte is team-controlled for three more years and he offers lots of versatility with previous experience playing first and second base as well as corner outfield, the Padres should receive a fair amount of interest.

Yankees sign Matt Holliday to a one-year, $13 million deal

ST. LOUIS, MO - JULY 20: Matt Holliday #7 of the St. Louis Cardinal hits a solo home run during the second inning against the San Diego Padres of game one of a doubleheader at Busch Stadium on July 20, 2016 in St. Louis, Missouri. (Photo by Scott Kane/Getty Images)
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Update (6:52 PM EST): The deal is expected to be one year for $13 million, per Jon Heyman of FanRag Sports. Ken Rosenthal of FOX Sports confirms the report.

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The Yankees are close to signing veteran free agent Matt Holliday, WFAN’s Sweeny Murti reports.

Holliday, who turns 37 years old next month, was limited to 110 games in 2016 with the Cardinals due to a fractured left thumb suffered in the second half. He finished the season hitting .246/.322/.461 with 20 home runs and 62 RBI in 426 plate appearances.

Holliday is likely looking at spending the majority of his time in the DH role. Alex Rodriguez, Carlos Beltran, and Brian McCann handled the DH role for a majority of the time last season but all three have moved on — Rodriguez was released in the second half, Beltran just signed with the Astros, and McCann was traded to the Astros last month.