I certainly hope this isn't the start of a chain reaction of knee-jerk moves in response to losing out on Cliff Lee, but the Yanks have signed Russell Martin.
Now the dude still needs to pass a physical, which is no small feat given the injury problems he's had, but if he passes and becomes a Yankee, he certainly gives them improved depth and flexibility at catcher and he better damn well be here to compete with The Jesus and not to replace him. They lost out on Lee, but they've still got $25-30 mil to spend now and spending is what the Yankees do best. Use that money to shore up the other holes in the roster and wait for a trade to present itself in 2011 once the season starts.
(If I read that talks between the Yankees and Royals have started up again this afternoon, I might kill somebody)
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