Bad move if the Yankees did this. They will overpay and give him the four year deal he wants. They have done it so far this offseason so why think they won't do it again. Find a real first baseman!The Yankees have been in contact with Mike Lowell's representatives about the idea of him signing to be their first baseman.
If they're hoping to drive up the price for the Red Sox, there's been no sign so far that the team is interested in budging of its current three-year offer. Lowell is a poor fit for Yankee Stadium (plus the new ballpark in 2009 will have similar dimensions) and much of his value comes from the belief that he's an above average defender at third. If the Yankees really want to pay $50 million-$60 million for a 34-year-old unlikely to be much more than an average regular at his new position, the Red Sox should gladly let them and take their first-round pick in return.