Joel Sherman of the New York Post has the latest on the Yankees, and it sounds like they could have a quiet trade deadline. Sherman says the team is showing no inclination to pursue Roy Halladay or Cliff Lee, and has not engaged in extensive talks for Jarrod Washburn. They're not in on Bronson Arroyo, Doug Davis, or Jon Garland either. Sherman believes the Yanks might be content to let the Red Sox get Halladay:
A person close to the Steinbrenner family said that Cashman has not even asked permission to expand the 2009 payroll nor is there anticipation that ownership would allow a significant financial increase now. This is pertinent because the Yankees do believe that the Red Sox have put Clay Buchholz into a trade offer for Halladay and that Boston just might get the ace righty.
So the first-place Yankees are tightening the purse strings, despite Chien-Ming Wang's season-ending shoulder surgery.