There really doesn't seem like much too this, but it was mentioned very briefly in this article from Pete Caldera that Joe Blanton could end up an option since the Phillies have made him available. Not sure that means the Yanks are in fact interested, but I figured I'd pass it along since I haven't posted in over a day.
The guy had a 4.80 ERA in 28 starts last year for the Phillies and is set to make $2.75 million next year. And with that, here's a random picture of him partying with Nick Swisher when they were both in Oakland.