Rumors: Yankees Interested in Bartolo Colon 21

The Yankees are reportedly interested in signing free agent starter Bartolo Colon according to the Spanish AP (H/T to MLB Trade Rumors for the translation).

Without any big names on the free agent market the Yankees seem to be looking at pitchers who are higher risk/higher reward types. This will keep costs down while providing more time for their minor league prospects to develop. The alternative this offseason seems to be giving long-term contracts to mediocre pitchers.

Colon fits into this category well. Once a 20 game winner, Colon hasn’t pitched since 2009 and hasn’t been able to toss more than 100 innings since 2005. The big question is whether or not he’s healthy which so far this offseason he has been. In seven starts in the Dominican Winter League he has posted a 1.47 ERA. There is a big difference between making seven or eight starts and pitching over the course of an entire season.

Colon, 37, also has the Rangers and Indians interested in him, but he would be smart to wait out Andy Pettitte. The Yankees need another starter now, but if Pettitte decides to retire they’ll really need another starter. That automatically drives up the bidding for Colon. Even the Rangers or Indians might have to increase their bids just out of fear the Yankees could flex their financial muscle.

Still, all three teams are likely to want to sign Colon on a minor league deal with a ton of incentives. In Pettitte retires he could hold out for a guaranteed major league deal, but that’s a long shot. Realistically it would probably just increase his incentives.

What do you think? Should the Yankees target Colon? Or should they target somebody else or just stick with the minor leaguers?

About Rob Abruzzese

Rob Abruzzese created Bronx Baseball Daily in 2008 just before graduating from Brooklyn College. He currently serves BBD as its editor and works as a reporter at the Brooklyn Daily Eagle. Follow Rob on Twitter @RobAbruzzese.

21 thoughts on “Rumors: Yankees Interested in Bartolo Colon

  • Susan

    So this is what I gather from reading this blog today. The Yankees have no interest in Soriano, yet DO have interest in Bartolo Colon, Brian The Choke Artist Fuentes, and have already signed Mark Hasn't Pitched Since 06 Prior and Luis Vizciano. What's next, "Yankees interested in bringing back Jaret Wright"? Why not just bring back Felix Heredia, Juan Acevedo and Armando Benitez? I'm completely disgusted and baffled over what has become of this team this offseason. My God.

  • the mighty casey

    We need another starter. this means now. If Pettitte comes back and we already have one, that's a good problem. I've been writing about it for weeks. Either something bigs about to happen or the Yanks have decided 2011 is not their year. For some reason, I can't believe that its the latter.

  • Lincoln

    I still like Jeff Francis for that “what the hell, take a chance” spot in the rotation. I have a feeling that he is due for a great year (even if its just one in his career). Freddy Garcia isnt bad and I’ve even heard people talk about a Joe Blanton deal. If we can survive the first half of this year with what we have now (with Pettitte retiring), we could pick up someone like CJ Wilson, Joel Pineiro, Adam Wainwright or another decent starter who could be a free agent in 2012. I dont think Colon is the answer. By the way…Go Prior! Gotta have faith in the “used to be” ace! I hope it all goes well!

  • Tanned Tom

    Colon is not high risk/high reward. He is no-risk/high reward. If he craps out, so what, he won’t cost anything. If he makes 30 starts with a 4.50 ERA, jackpot.
    There is no way the NYY will win the WS in 2011 with Burnett as their 3rd pitcher. Whether the upgrade comes from within or as a FA signing scarcely matters. Signing Colon makes sense as a stopgap until one of the kids is ready.
    What I’d really like to see is them trading Burnett.

  • Franco Kotos

    Colon simply stinks…if the Yankees sign him, they’ll give him 8-10 starts before demoting him, that’s if they intend to give him a spot in the rotation…they are better off going after a guy like Justin Durscherer who has the potential of being a solid #2 starter if he stays healthy and let’s face it, none of the guys the Yankees are looking at are models of health…i think we’ll see Jesus Montero traded sometime this year for a real starter, hopefully not Blanton…i don’t see the Cards giving up Wainwright but he’s the kind of pitcher you want in a deal involving Montero…

  • YankeeRay

    I am mystified as to why Cashman is not pursuing Justin Duchscherer.Yes,he’s injury prone.But when he’s healthy he a winner – period.And at least he pitched in 2010 – only 7 innings but light’s out as usual.I mean if they’re willing to chance Prior [as a reliever by the way] then 2 mil. on the “Duke” is worth the risk.Let him rehab until July and have him for the 2nd half.
    He’ll win 10-11 games for sure.

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