Has Pettitte Pitched His Last Pitch in Pinstripes?

Andy Pettitte has watched the Yankees have one hell of an offseason. He's seen them sign CC Sabathia, A.J. Burnett, and Mark Teixeira. However, he's yet to see them sign himself. Pettitte's agent, Randy Hendricks, has been holding out for the same contract he's gotten the last two years; a 1-year deal worth $16 million. However, the Yankees only wish  to pay him $10mm. This may be due to the fact that not even the Yankees can avoid the troubling economy and have decided to spend less on lesser-free agents.

Pettitte has been playing the waiting game, however, it now seems as though he's maybe waited too long. After signing those top free agents, the Yankees have invested $423.5 million in contracts this offseason. And with Brian Cashman saying that he wanted to lower payroll, it doesn't appear that they have room for Pettitte. Yankees officials have also said their perfectly fine with starting the season with their current roster and just use a prospect, such as Phil Hughes or Alfredo Aceves, to fill that last rotation spot.

I'd also like to point out that this is the 50th post that Bronx Rumors has made :)