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Giambi, Pavano options declined; Pettitte wants to return

Updated: November 4, 2008, 10:51 PM ET
Associated Press

DANA POINT, Calif. -- The New York Yankees declined their 2009 options on first baseman Jason Giambi and pitcher Carl Pavano, making the pair eligible for free agency.

"Given the circumstances and the money involved, I don't think they were surprises to anybody," general manager Brian Cashman said Tuesday.

Also on Tuesday, Yankees pitcher Andy Pettitte was quoted as saying he would like to return to New York next season. Pettitte had said late in the season that would likely ...

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