Here are some huge things that happend to the New York Yankees

Pettitte declines Yankees option, weighing future
 Andy Pettitte declined his $16 million option with the New York Yankees, still uncertain whether he wants to pitch next season.The 35-year-old left-hander went 15-9 with a 4.05 ERA for the Yankees this year, including 11-3 after the All-Star break. He was their most effective starter in the postseason, pitching 6 1/3 scoreless innings in Game 2 of New York's first-round loss to Cleveland.

Pettitte had until Wednesday to decide on his option, part of the contract he agreed to last December when he returned to the Yankees after three seasons with his hometown Houston Astros. That deal paid him a $16 million salary this year.


A-Rod is A-Gone
 Alex Rodriguez opted out of his contract with the Yankees earlier this week, the team was told that it would not be able to meet with the third baseman unless it presented an offer of at least $350 million, sources say.


Torre goes to the National League
Torre signed a three-year, $13 million contract to manage the Dodgers last Thursday, exactly two weeks after walking away from the New York Yankees when they offered a one-year contract worth $5 million plus $3 million in performance bonuses he termed "an insult."
He completed a three-year, $19.2 million contract with the Yankees this year.

That brings me to the question, will the Yankees be a contender next year?