The Yankees are cutting payroll?! What an unbelievable thought. Except, in reality, if the Yankees are going to go out and get a free agent starter then the amount they cut from the payroll will not really be significant at all. Just thought I would mention that.
Jon Heyman of Sports Illustrated twittered that the Red Sox have the best chance to land Halladay. He also notes that the Blue Jays would want a combination Phil Hughes, Joba Chamberlain, Austin Jackson, and Jesus Montero from the Yankees. Combine that with the 20 million a year that Halladay will command for 4-5 years and unless the Blue Jays are willing to make a different deal it appears that the Yankees will not go that far to get the Doc.
After all who can blame them? You are talking about two of their best young pitchers who have both proven to be shutdown relievers and have, though Hughes more than Joba, potential to be great starters in the majors. Then you have two of the Yankees best prospects who are considered by many scouts to have MLB-ready bats. I ask, is giving up three of these players too much, even for a pitcher as dominant as Halladay?