Originally posted on Pro Sports Daily  |  Last updated 10/26/11

New York Yankees executives will meet in Tampa this week to develop a plan for retaining ace lefthander C.C. Sabathia, the New York Post reported Wednesday.

According to the report, the meetings will take place over the next two days and be headed by general manager Brian Cashman, with managing general partner Hal Styeinbrenner and president Randy Levine among those expected to be in attendance.

In December 2008, Sabathia signed a seven-year, $161 million contract with the Yankees that included an early termination option after three years. In three seasons in the Bronx, he is 59-23 with a 3.18 ERA, twice leading the American League in wins.

The report said the goal of the meeting is to present Sabathia with a deal of five or six years that would convince him to re-sign with the Yankees before becoming a free agent.

Once the World Series ends, Sabathia has three days to exercise the early termination option and hit free agency, where any team could make him an offer.

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