Right now, the Santana-to-Yankees deal looks dead. The Yanks felt they had the best package on the table with Phil Hughes, Melky Cabrera and a B level prospect over the RedSawx' offer of Jon Lester, Jed Lowrie, Coco Crisp and Jeremy Masterson. Those offers are close -- the $11M Crisp is owed and the lesser talents of Masterson and Lester are offset by the Yanks' refusal to include a third top prospect in the deal. Moreover, and thankfully, the Yanks internally are uncomfortable with trading Hughes. They should be -- this is a top-of-the-rotation starter with a makeup to match his physical skills (unlike Kyle Farnsworth).
If the Yanks were not thrilled about trading Hughes for Santana, they DEFINITELY should not trade him as part of a Danny Haren deal. Haren is the Yanks' plan B at this point because they don't think the Orioles would trade lefty Erik Bedard within the division. Haren is a fine pitcher, one The Monk would be pleased to see in pinstripes. But he is worth a Kennedy-Melky-Horne package, not Hughes. Bedard (13-5, 3.16, 221K in 182 IP) is a lower-cost and lower-mileage Santana and had a better season than Santana last year. The Kennedy-Melky-Horne package for Bedard is also a good one.