According to Mark Feinsand of the Daily News, the San Francisco Giants are contemplating offering CC Sabathia a 5 year $100+ million contract. That contract will nowhere be close to what the Yankees offered.
Sabathia comes from Vallejo, about 30 miles from San Francisco. It makes sense to want to be close to home. I would feel that sense of entitlement too.
It may look like bad news for the Yankees if he turned down the biggest offer and push the Yankees to overbid on other mediocre pitchers like AJ Burnett and Derek Lowe.
Only the Winter Meetings will give us a better picture.