Angels Give Up Hope for Teixeira

The Angels have withdrawn their offer to Mark Teixeira according to the LA Times:

Boras is reportedly seeking an eight-year deal for at least $180 million, and a source familiar with the Angels’ thinking maintained all last week that owner Arte Moreno had no plans to sweeten the deal.

“Arte is sticking to his guns on this one,” the source said.

That leaves the Red Sox (no matter what John Henry said) the Nats, and the O’s in the bidding. The O’s don’t look like they will offer as much as the Nats. The Red Sox may get a better price for Teixeira than Boras was looking for as the competition drops out.

UPDATE: Tim Brown of Yahoo! Sports says the Red Sox have had no contact with Boras since John Henry’s email saying they were out.

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