The Angels, unwilling to meet Mark Teixeira's desire for a 10-year contract, are in discussions with CC Sabathia and could offer him a contract that approaches the $140-million bid extended to him by the New York Yankees.
The Angels appear reluctant to guarantee more than seven years in a contract for Teixeira, said a source familiar with the club's thinking. They appear more likely at this time to pursue Sabathia, with an offer in the range of Johan Santana's six-year, $137.5-million contract with the New York Mets.
Teixeira remains the Angels' top priority -- the club would sign him but does not want to miss out on Sabathia while waiting to see whether Teixeira's asking price falls. The Angels are not believed to have made a formal offer to either player.
General Manager Tony Reagins said the club has not ruled out retaining Teixeira.
"We've had discussions about what the potential framework of a deal might be," Reagins said. "At this time, I would say we still have interest at a high level. We understood going into this that it was going to take some time to accomplish."