December 27, 2010

Heyman: Yankees have shown interest in pitchers Kevin Gregg and Kevin Millwood

The Yankees have shown interest in free agent reliever Kevin Gregg and starter Kevin Millwood, according to Jon Heyman. Both pitchers were listed in Heyman’s “best values to be found in the free-agent bargain bin.”

The Yankees pitching staff needs some help, especially if Andy Pettitte chooses to retire, and either Kevin might do the trick. Let’s take a closer look at Gregg and Millwood.

More on Gregg:
He’s been closing games regularly for three different teams in the past four years. He is among the best relievers available, but I don’t think he’s worth a multi-year deal. Last year he played for the Blue Jays on a one-year contract worth $2.75 million with club options for 2011-12. The Blue Jays probably declined the option because of the cheap $0.75 million buyout. If the Yankees could sign him to that type of deal, I think Gregg would be a great fit in the Yankees bullpen.

More on Millwood:
He completed his five-year, $60 million contract last year going 4-16 with a 5.10 ERA for the Orioles. He’s 36 years old and his fastball velocity has decreased to 89 mph. Unless he comes at a significantly lower price than his last deal, I don’t think signing him, even as a No. 5 starter, is a good move for the Yankees.

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