You've heard the news by now, that Theo's white whale got away, snatched up from the open sea by his old nemesis the S.S. Yankees. The contract numbers are absurd (7 years/$155M, opt out after 4 years), but we knew that eyeball popping was going to be required once the dust settled. There's been no confirmation that the Cubs were willing to be as absurd, although the whispers from Peter Gammons and Jeff Passan seem to indicate that no one was all that close to the Yankees offer. That being said, we're not sure how much back and forth there were in these negotiations either or what the final push was for Tanaka to pick New York over the other clubs. It may have been simply the money, maybe the glory of Yankee pinstripes, maybe the city of New York, maybe a combination of all three. What we do know is that the consolation prize (most likely) is either Paul Maholm or Jason Hammel and you kind of hope that the Cubs just don't even bother going back to pick either one up.
It's a little less than 4 days before Decision Tanaka is due and nobody knows nothing except that everybody seems to need speculate on something. Bruce Levine reported that the Cubs will not be outbid. Gordon Wittenmyer said that's rubbish and Cubs remain a longshot. Jayson Stark kept hearing from important baseball people that the Cubs were going to make a splash and so on and so on.