By shedding salaries like Carl Pavano's $11 million, the Yankees can add players and still cut costs. 

By shedding salaries like Carl Pavano's $11 million, the Yankees can add players and still cut costs. 

The recession has rocked the sports world. 

COLUMN: RON CHIMELIS 

LAS VEGAS - The Red Sox have presented a contract offer to Jason Varitek, said agent Scott Boras yesterday at the winter meetings. 

LAS VEGAS -- The market for free agent Kenshin Kawakami of Japan is developing slowly, but the Red Sox did express interest in the 33-year-old right-hander on the last day of the winter meetings, according to a Baseball source. 

LAS VEGAS - For now, the Washington Nationals and Baltimore Orioles have their proposals on the table and can offer free agent target Mark Teixeira the opportunity to play close to home and, likely, for more money than any player in Baseball history not n 

LAS VEGAS - The Red Sox have presented a contract offer to Jason Varitek, said agent Scott Boras yesterday at the winter meetings. 

LAS VEGAS -- The market for free agent Kenshin Kawakami of Japan is developing slowly, but the Red Sox did express interest in the 33-year-old right-hander on the last day of the winter meetings, according to a Baseball source. 

LAS VEGAS - For now, the Washington Nationals and Baltimore Orioles have their proposals on the table and can offer free agent target Mark Teixeira the opportunity to play close to home and, likely, for more money than any player in Baseball history not n 

The recession has rocked the sports world. 

LAS VEGAS - Rangers general manager Jon Daniels left Baseball's winter meetings Thursday with one fewer catcher, a few new minor leaguers and little else. 

Kevin Cash became a free agent after the Boston Red Sox declined to tender the catcher a contract for 2009. 

LAS VEGAS - Red Sox general manager Theo Epstein opened his first media session here Monday with the words, "I wouldn't expect anything to come out of these meetings, to be honest. 

Gather thousands of Baseball executives, player agents and reporters under one roof for four days, and big news is sure to happen.