If they stand pat, then the Yankees are gonna waltz to another division championship. So, I dont think they will be completely "pat" per se. Although, the more I am hearing about the Holliday negotiations, the less I like them from either a Yankee perspective or from the sox perspective.
From the NY perspective, their own internal option of Matsui will fit the need. We wont need a franchise type player in the middle of the order. It would be nice, but it isnt an absolute need. From the sox perspective, I dont see them going out and offering the $120 million it is gonna cost to get a guy who has some question marks. Also, going full bore for Holliday means a long waiting game that could put them out of the running for another player who could fit the need. Theo is all about having all avenues open, so I doubt he sticks to the very end unless he is completely desparate.