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Cliff Lee bidding war heats up: Yankees offer longer deal after Red Sox sign Carl Crawford

Cliff Lee is on the cusp of a large contract, as the Yankees are now pitching a seven-year deal. Boston has signed Rays outfielder Carl Crawford to a seven-year contract, only raising the bar for Cliff Lee.

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Chris O'Meara/AP Photo
Texas Rangers' Cliff Lee pitches during the second inning against the Tampa Bay Rays during Game 5 of baseball's American League Division Series, Oct. 12, in St. Petersburg, Fla.
  • By Pat Murphy Staff

Free agent pitcher Cliff Lee is about to become a very wealthy man.

The veteran lefthander, who enjoyed a stellar 2010 postseason for the Texas Rangers, was reportedly offered a , worth at least $137 million.

That proposal has now been.

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But Lee isn't getting fitted for Yankee pinstripes yet. Representatives of the Thursday at his Arkansas home to discuss his re-signing with the American League champions.

Major League Baseball's winter meetings in Florida ended with a bang late Wednesday night when the Boston to a seven-year, $142 million contract.

The Crawford deal comes on the heels of their trade with San Diego earlier this week to get . Yankees fans have taken note: the Red Sox have reloaded to make a serious run at the AL East title.

And that puts more pressure on the New York to sign Lee.

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