By Pete Catapano

According to SI.com, the Yanks are about to sign Mark Teixeira for 8 years. $180 million.

Earlier today, the Washington Times reported that the slugger was about to sign with the rival Red Sox.

According to SI.com's John Heyman:

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"Teixeira, who hit .308 with 33 home runs and 121 RBIs in 2008, will receive an eight-year, $180 million deal from the Yankees with a full no-trade provision."

This along with signings of CC Sabathia and AJ Burnett make this quite a productive winter for the Yanks.