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Yankees officially bid for Matsuzaka

According to Peter Abraham of LoHud, Brian Cashman confirmed that the Yankees submitted their sealed bid for Matsuzaka.

All teams interested in obtaining the Japanese right-hander are required to submit their final bids by 5 pm EST.  The Yankees, Mets, Red Sox, Cubs, and Rangers are all expected to bid for his services.

Newsday is reporting that the bidding price for Matsuzaka could be coming down.

Since the bidding process only comes down to cold hard cash, I can't see the Yankees not getting this guy.  

We could know as soon as tonight which team won the Matsuzaka sweepstakes and it will certainly be posted shortly thereafter.

Stay tuned.