Yankees Land Mark Teixeira

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On the off chance the rest of baseball didn't quite hate the Yankees enough already, this should just about do it. The team this afternoon agreed to a contract with free agent first-baseman Mark Teixeira worth $180 million over eight years. Combined with their previous signings of CC Sabathia and A.J. Burnett, they’ve now committed more than $400 million this off-season to three players. When they open their new stadium in April, they'll have the four highest-paid players in baseball — three of whom will share the same infield. So we guess not everyone’s in a recession. [ESPN]