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It's Not That Hard a Choice

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2008 IP WHIP K BB/9 ERA+ GB/FB Age
Pitcher A  211 1.133 147 1.92 131 2.63 35
Pitcher B 199 1.312 108 2.04 102 1.51 33

Pitcher A has been offered arbitration (and would cost the Yanks a draft pick), but Pitcher B has not.

Pitcher A figures to make around $15M, but Pitcher B is likely available for around $10M.

I'd fill the back end of the rotation with Braden Looper before Derek Lowe.