Yankees reportedly have not made formal offer to Manny Machado

Manny Machado’s market does not appear to be developing very rapidly.

According to Jon Heyman of Fancred, neither the Chicago White Sox or Philadelphia Phillies have met Machado’s $300 million asking price. What’s more, the New York Yankees, his preferred destination, have yet to even make a formal offer.

Word is, Machado camp still seeking 300M plus. ChiSox, Phillies not believed to be close to that ask (though exact current offers aren’t known, and can change). Meanwhile, Yanks, believed to be preferred destination, have yet to make official offer. Still no word of mystery team.

— Jon Heyman (@JonHeyman) January 9, 2019

It further backs up previous reporting that the Yankees just aren’t aggressively pursuing Machado. They’ve been viewed as favorites all along, but if this talk is true, they’re not acting like they’re close to ponying up the money it would take to bring in the free agent infielder.