Mike Cameron
This is a classic Cashman move. Why take a chance on a young player who costs nothing(Gardner) with upside when you can pay millions for an older version with very little to no upside? This is very similiar to Morgan Ensberg move this year. The Yankees signed Ensberg and Shelly Duncan lost any chance at playing time. Now Cameron is a lot move valuable then Ensberg is but it is the classic Yankee move of needing a brand name when the kid with some upside is clearly the better choice.
Manny Ramirez for more then two years
He is 36 and is nothing more then a DH. Overpay for two years but DO NOT sign this man for any longer.
Andy Pettitte
I love Andy Pettite but he looked absolutely done to end the year. His performance down the stretch really cost the Yankees this year. The time to make sure Andy stayed was after 2003, not 2008. Let him walk.
Mike Mussina for more then a Year
My guess is that he retires but if he doesn't offer him one year but that is all. The man is in territory few successful pitchers venture into to(Age of 40+)
Nomar, Pedro or Derek Lowe
One declining former Red Sox is enough.
Randy Johnson
HA! Even Cashman isn't that stupid....
Oliver Perez
Perez has a ton of upside and has shown the ability to pitch well in the big spot.However, the Yankees need answers not more questions in their rotation. Also, a player who is unstable and inconsistent will just get over exposed and exploited with the Yankees.