Keith Law (reg req) from ESPN has an entirely differnt take than our own pfistyunc does.
Three teams that came out ahead
1. Yankees: In a winter when everyone else was eager to commit lots of dollars to older players, the Yankees managed to stick to short-term commitments, and even flipped Gary Sheffield for three minor league arms with upside. Andy Pettitte was one of the best starters available, and the Yankees got him for two years (one if he declines the player option). Mike Mussina was also one of the best starters available, and the Yankees retained him at what was clearly a below-market salary. And they even dumped Jaret Wright on Baltimore, getting back a useful back-of-the-pen arm in Chris Britton and saving a little cash there as well.