Brandon Phillips AP

The Yankees turned down a Brett Gardner-for-Brandon Phillips deal

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UPDATE: Well, now it makes more sense. CBS Sports’ Jon Heyman was told by an NL source that before the Yankees turned down the deal, Phillips asked to the Reds re-open his contract and give him more money as an incentive to agree to a trade.

Phillips has a limited no-trade clause which allows him to block trades to 10 teams, so apparently the Yankees are one of them.

10:34 p.m. ET: Here’s an interesting one. According to CBS Sports’ Jon Heyman, the Yankees have turned down a trade that would have sent outfielder Brett Gardner to the Reds for second baseman Brandon Phillips.

It sounds like a pretty good match on paper, as the Yankees have a surplus of outfielders and Phillips would help fill the void at second base now that Robinson Cano has agreed to a 10-year, $240 million deal with the Mariners. Meanwhile, Gardner would give the Reds a quality option to take over the leadoff spot (and potentially center field) with Shin-Soo Choo expected to sign elsewhere. However, the Yankees passed on the opportunity.

It’s worth wondering whether Phillips’ contract had something to do with the Yankees passing here, as he’s owed $50 million over the next four seasons and is already 32 years old. There isn’t much out there among free agent second basemen beyond Omar Infante, so it wouldn’t be surprising to see them revisit the possibility later on.

Phillips amassed 18 homers and a career-high 103 RBI this past season, but he posted a mediocre .703 OPS in the process. Gardner, a popular trade target at this year’s Winter Meetings, batted .273/.344/.416 with eight homers and 24 stolen bases over 145 games this past season. He can become a free agent next winter.

Report: Tim Lincecum is not ready for retirement

ANAHEIM, CA - JULY 29:  Tim Lincecum #55 of the Los Angeles Angels during the second inning of the game against the Boston Red Sox at Angel Stadium of Anaheim on July 29, 2016 in Anaheim, California.  (Photo by Jayne Kamin-Oncea/Getty Images)
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Free agent right-hander Tim Lincecum isn’t ready to hang up his cleats just yet. At least, that’s the word from Lincecum’s agent, Rick Thurman, who says the 32-year-old is still “throwing and getting ready for the season” (via Andrew Baggarly of the San Jose Mercury News).

Lincecum may not be ready to enter retirement, but another quote from Thurman suggests that he’ll be picky about where he pitches next. He doesn’t appear open to pitching overseas, and despite not having a contract for 2017 (or even any serious suitors), the right-hander is set on pitching in the big leagues this year. Whether or not he’s willing to take a bullpen role to do so remains to be seen.

While Baggarly predicts some interest in the veteran righty, there’s not much in Lincecum’s recent history to inspire faith in him as a starter, or even a reliever. He picked up a one-year, $2.5 million contract with the Angels following his hip surgery in 2015, and went 2-6 in 2016 with a 9.16 ERA, 5.4 BB/9 and 7.5 SO/9 over 38 1/3 innings. At this point, a minor league contract seems like the surest path back to major league success, though he’s unlikely to find an open spot on the Giants’ or Angels’ rosters anytime soon.

Report: Jeff Manship signs with NC Dinos

CLEVELAND, OH - NOVEMBER 01:  Jeff Manship #53 of the Cleveland Indians throws a pitch during the sixth inning against the Chicago Cubs in Game Six of the 2016 World Series at Progressive Field on November 1, 2016 in Cleveland, Ohio.  (Photo by Elsa/Getty Images)
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Free agent right-hander Jeff Manship has reportedly signed with the NC Dinos of the Korea Baseball Organization, according to FanRag Sports’ Jon Heyman. The righty was non-tendered by the Indians in December.

Manship, 32, completed his second season with Cleveland in 2016. He delivered a 3.12 ERA, 4.6 BB/9 and 7.5 SO/9 rate over 43 1/3 innings, a slight decline after posting an 0.92 ERA with the club the year before. During eight years in the major leagues, Manship carries a 4.82 career ERA, 3.6 BB/9 and 6.4 SO/9 in multiple stints with the Twins, Rockies, Phillies and Indians.

The right-hander will be joined by fellow MLB transplants Eric Hacker and Xavier Scruggs, each of whom took one-year deals with the Dinos last month. Steve Adams of MLB Trade Rumors notes that each KBO team is allowed up to three foreign players, so Manship will round out the trio when he joins the roster. Any salary terms have yet to be disclosed.