After losing out on Robinson Cano, the Yankees appear to have a boatload of money to spend. They also lost All-World closer Mariano Rivera to retirement.

Could former Red Sox closer Jonathan Papelbon be their next target?

Not likely says Red Sox Insider Sean McAdam.

The Philadelphia Phillies are reportedly trying to trade their closer, but Papelbon's albatross of a contract may make it a tough sell. Papelbon has two years left on his 4-year, $50 million deal.

"Even for the Yankees, I think they would want the Phillies to take some of that money back, with two guaranteed years left," says McAdam. "That's the problem of giving that kind of money and that long of a guarantee to a closer."