From Ken Davidoff:

LAS VEGAS - Brian Cashman left the winter meetings early Thursday morning to meet with Andy Pettitte in the lefthander's Houston home, Newsday has confirmed.

The Yankees' general manager wants to give Pettitte one last chance to accept the team's $10 million offer to pitch for the Yankees in 2009. If Pettitte declines -- he has insisted that he wants the same $16 million salary he received each of the past two seasons -- then the Yankees will probably move aggressively to sign free agent Ben Sheets to a two-year deal.

I'm surprised that Pettitte has been so stingy about retaining the $16M salary he received last season. Hopefully the two parties get this worked out.