The Yankees open the bidding on CC Sabathia:

The Yankees have officially tendered an offer to CC Sabathia, ESPN's Buster Olney reports.

Sabathia, the 2007 AL Cy Young winner, split last season between the Indians and Brewers (17-10 2.70).

The Yankees offered a six-year deal worth more than $137.5 million, Olney reports.

Let's call in $140 million, or $23 million per year. That seems to be a good place to start. He's worth more than that per year, but teams may not wish to go that far out in terms of seasons.