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21 Stories on Carl Pavano
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SI.com: Baseball Prospectus: Yanks could easily get burned by A.J.

The winter meetings in Las Vegas may have ended, but the Yankees are still busy. Two days after landing the free agent market's most coveted hurler, CC Sabathia, they've bolstered their rotation with another free agent, A.J. Burnett. The former Blue Jay has reached a preliminary agreement with the Yankees on a five-year, $82.5 million contract -- pending a physical. If Sabathia's seven-year, $161 million deal carries risks for New York, Burnett's deal arguably carries even more.

Money for (almost) nothing: Fat paychecks for very little work

Work hard, get promoted, succeed in your new post, and eventually you'll start earning the big money. This progression seems like a firmly ingrained part of the American Dream, and it's certainly worked for a lot of people.

SI.com: BP: Unconventional Wisdom: Changes Yankees should make

Tuesday night's Red Sox win made it official: The Yankees will miss the 2008 playoffs, making this the first season in the Division Series era in which October will kick off without the Bronx Bombers. That's a reason for celebration in many quarters, and a cause for distress in others, but the team's failure to make the postseason inspires one question from everyone: What now?

SI.com: John Donovan: Desperate Yanks run into nervous Red Sox in Bronx showdown

It is now time, whether all those playoff-privileged East Coast fans want to admit it or not, to face up to the very tangible possibility that both the Yankees and the defending World Series champion Red Sox might be on the outside looking in this postseason.

SI.com: Tom Verducci: Teams are inking their young stars to long-term deals

Revelations, observations and ruminations from the first week of the championship season:

People.com: Alyssa Milano Says She's Done Dating Athletes

Alyssa Milano is single, and says she's done living out the fantasy of being a baseball player's girlfriend.

SI.com: John Rolfe: The '80s have returned to the Bronx

Twenty-five years ago, the Yankees hit July 4 at 36-37 on their way to unceremoniously snapping a string of five postseason appearances in six years, including three pennants and two World Series championships. That run could have been six-for-six if not for the demoralizing death of captain Thurman Munson during the 1979 season. The '82 Yankees, who bear a passing resemblance to this year's squad, were a talented bunch (on papyrus) that wheezed in fifth in the A.L. East at 79-83 -- the franchise's first losing record since 1973.

SI.com: John Donovan: Yankees made all the wrong moves

Hindsight being as eagle-eyed as it is, it's easy to see just where the present-day Yankees went wrong. They tried to restock their farm system and compete at the big league level at the same time. They pulled away from what they do best -- nobody bullies people in baseball with a checkbook quite like the guys in the pinstriped front office, whether it's in the free-agent market or at the trade table -- and that's costing them now.

SI.com: Tampa's turnaround

Also in this column: • Schilling mouths off again • Ortiz respects Barry Bonds • Pavano finally pays his agent • More news and notes

SI.com: Back to the Bronx

With one quick record-setting stroke of the pen, and one big announcement on the big screen above Yankee Stadium by Roger Clemens, the Yankees moved back into the ballgame Sunday. This is the best $28 million they ever spent (and actually since the salary's pro-rated over the entire season, it'll only cost them between $18-19 million).

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