Report: Bay turns down Boston's $60 million offer

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SI.com’s Jon Heyman reports that Jason Bay has turned down a four-year, $60 million offer from the Red Sox and will officially hit the open market.
Not a shock, certainly. Bay was never going to accept $60 million, whether he ends up remaining in Boston or going elsewhere, and there was little reason for him to accept a deal of any kind before at least seeing what other offers are available.
As general manager Theo Epstein put it: “It’s not a surprise that a player that’s gone this far wants to see what’s out there.”
The assumption is that a) Bay would like to re-sign with Boston, b) the Red Sox are legitimately interested in bringing him back, and c) Epstein and company could turn their attention to Matt Holliday at some point if the market for Bay is crowded. Interestingly, the Cardinals have indicated that they aren’t interested in pursuing Bay if Holliday decides to leave St. Louis, so the left fielders simply swapping teams is highly unlikely.
As noted by Matthew Pouliot in his excellent, in-depth preview of this offseason’s free agent outfielders, once you get beyond Bay and Holliday there isn’t much available in terms of big bats. Johnny Damon, Hideki Matsui, Vladimir Guerrero, and Jermaine Dye are the best of the rest, but all come with question marks that could have teams that miss out on Bay and Holliday instead turning to the trade market for lineup help.

Yankees activate Giancarlo Stanton

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The New York Yankees have activated Giancarlo Stanton. He’ll be in the lineup in tonight’s game against the Rays.

Stanton has been on the injured list since April 1 due to a left biceps strain and a left shoulder strain sustained in what Aaron Boone called a “funky swing” at the time. He began a rehab assignment in late May, had it halted due to injury, and resumed it recently. He’s been swinging the bat well during his most recent stint, socking four homers in ten games.

That pop will be welcome. The Yankees have weathered Stanton’s injury — and injuries to Aaron Judge and scads of other players — but a team can’t defy gravity forever. At some point you need your established threats back. With Stanton coming back tonight, Judge coming back later this week and with the addition of Edwin Encarnación in that trade with Seattle, the Bombers should continue to hit bombs throughout the summer.