Ok...I'm here for some insight on this.
1) The Yankees are still behind last year's pace. For one season only, I consider CC and Moose a wash. That still leaves us with one starting pitchers, two injured pitchers in Wang and Chamberlain, and two gaping holes in the rotation. Two more pitchers are going to be looked at, with at least one more being signed.
2) We still have a net loss offensively. Giambi and Abreu are gone, being replaced in production by Swisher. Don't be surprised to see Giambi come back if ball player salaries really come down. Giambi on a 1-2 year deal at 8 million per? Don't be too surprised if you see this, or rather, that AAV.
3) CC's post-season success means nothing. Look at Beckett this year. Post-season success or clutch, is a myth that's been exposed time and time again. Except in Arod's case.
4) The opt-out is a good thing for both sides. The Yankees are on the hook for 3 years, 69 million. I can take that a lot easier than 7 years 160 mil. If Sabathia likes NY, he stays. If not, fine. Hopefully, the Yankees will have developed a few good starters by then. Hopefully. I'm still holding out for Jessica Alba as my girlfriend. I think that's just as likely with Cashman running the team.
5. I still hate Cashman, but he did a great job in being aggressive, and pushing the issue. Three meetings in three days, flying out to meet him, etc. I tip my hat to him on this one, and the Swisher deal. I still think not offering Abreu arbitration was a mistake, but the jury is still out on that one.
So relax everyone, from both sides. All this has done so far is tread water with last year's pitching staff. We replace Mussina with CC. Now we have to replace Pettitte, and fill one more hole.