Good News, Guys. Millwood Rejects Yanks Minor-League Offer

From Joel Sherman:

Kevin Millwood recently rejected the Yankees' offer of a minor-league contract that was structured similarly to the one the team gave Freddy Garcia, The Post has learned.

The sides continue to talk, but Yankees officials are adamant they will not give Millwood a major-league deal to compete for a back-of-the-rotation job. Instead, the Yankees want Millwood to have to earn his way onto the major-league roster -- and to guaranteed money -- as they have asked of Garcia and Bartolo Colon. Those two, like Millwood, are thirty-somethings who have had nice major-league careers, but are far from their primes in ability.

Garcia's deal would give him $1.5 million in base salary with a chance to make $3.6 million more in performance bonuses. Garcia was 12-6 with a 4.64 ERA with the White Sox last year. Millwood was 4-16 with a 5.10 ERA for the Orioles.

Millwood, 36, also reportedly was drawing interest from at least the Indians.

We have enough aging veteran pitchers that are way past their prime. Enjoy Cleveland.