Ryota Igarashi: David Waldstein at the Times reports that the Mets are close to signing Japanese pitcher Ryota Igarashi to a two year contract. The Yankees were said to be among the teams interested in him. Via Jon Heyman.

Jason Bay and Matt Holliday: Though the Yankees may have made contact with Jason Bay, Buster Olney of ESPN quotes an "official with knowledge of the Yankees' thinking" as saying that there is "not a chance" that a move is made on either. Mark Feinsand of the Daily News says that the team has no interest in signing Bay to a long term deal. Via Joseph Pawlikowski.

Ben Sheets: A source told Ken Rosenthal of FOX Sports that the Yankees are "very interested" in Ben Sheets, but they think that he is not feeling any pressure to sign soon.