The New York Yankees are getting ready to offer CC Sabathia an exorbitant amount of money.

Citing two unnamed baseball executives, the New York Daily News is reporting the New York Yankees are preparing to make free agent left-hander C.C. Sabathia a ‘huge’ offer after Nov. 14. Sabathia has already been offered $100 million by the Milwaukee Brewers, who retain exclusive negotiating rights until Nov. 14.

Two executives said Wednesday at the GM meetings that they believe Sabathia will wind up in New York, based solely on the expectation that the Bombers’ offer would easily exceed all others.

Word has it that the Yankees are also prepared to deal for Jake Peavy of the Padres. The Bombers are also interested in Cole Hamels, Tim Lincecum, Cliff Lee, Brandon Webb, Johan Santana, Roy Halladay and are looking at the cost of digging up Cy Young.

The Los Angeles Dodgers are willing to spend big to retain Manny Ramirez.

General manager Ned Colletti said Wednesday the Dodgers’ pitch to the free-agent slugger would give him the second-highest average salary in the sport behind Yankees third baseman Alex Rodriguez.

“If you saw the bid, it’s nothing that we’re embarrassed by,” Colletti said at the GM meetings. “Manny was close to that number, anyway — closer to that area than the last place he’s been.”

Rodriguez currently has the top average at $27.5 million under the 10-year deal he agreed to before last season. Mets pitcher Johan Santana is second at $22.9 million under the six-season deal he agreed to this year.

Ramirez, acquired from Boston on July 31, is coming off an eight-year, $160 million contract he signed with the Red Sox before the 2001 season.

This is all well and good, but they’ll have to top whatever the Yankees offer. A couple of weeks ago, Ramirez flat out said that he wanted to see which team offered him the highest contract. If the Yankees concentrate on trying to sign ace CC Sabathia, there’s a great chance that Man-Ram will wind up back in Dodger blue. But if Sabathia re-ups with the Brewers or signs quickly with another team, I’m willing to bet the Yankees go full-blast for Ramirez.

Jon Heyman of SI.com reports that the New York Yankees have made ace CC Sabathia their top winter target. And just for good measure, they’ll also have Manny Ramirez and Mark Teixeira on their radar this offseason, too.

The incumbent Brewers extended to Sabathia a very respectable offer for about $100 million, and at least the Dodgers and Angels may also heavily compete for the Vallejo, Calif., native. But baseball people at the general manager meetings here see the Yankees as attempting to blow away the field for Sabathia. Santana’s record deal for a pitcher is over six years.

Boosted by the new Yankee Stadium, revenues that are expected to skyrocket even in a flagging economy, the potential of about $80 million in player payroll coming off their books and driven by their first non-playoff season since before the Joe Torre era, the Yankees will also make plays for superstar first baseman Mark Teixeira and outfielder and hitting savant Manny Ramirez, a longtime Yankee killer (and in 2008 a Red Sox killer, as well), and haven’t ruled out signing one of those two sluggers along with Sabathia.

If you hated the Yankees before, you’ll hate him even more this offseason. Not that it matters because it’s the Yankees and they can finically do whatever they want, but a word of warning to the Steinbrenner’s – watch your spending on top flight free agent pitching. Just to name a few: Barry Zito, Mike Hampton, Russ Ortiz, Kevin Brown, Jason Schmidt – all highly coveted free agent starting pitchers, all gigantic busts.

Now maybe Sabathia is less of a risk considering he’s used to pitching in the AL, but signing him to one of the richest contract in baseball history has trouble written all over it. But again, not that it matters because the Yankees can do whatever they want when it comes to spending.

SI.com released its top 50 MLB free agents. The first team listed is that player’s current team and the second one is SI.com’s “best fit” for that player.

1 CC Sabathia 28 SP Brewers Dodgers
He’s a behemoth, yes, but he proved in ’08 that he might not just be better than Johan Santana, but the most valuable player in baseball. He’ll be rewarded as such, and could turn down Yankee riches to play for a contender in his home state, and to hit every fifth day, which is something he genuinely loves.

2 Mark Teixeira 28 1B Angels Yankees
The guy’s got everything – he’s a young, powerful switch-hitter who plays a Gold Glove first base. Soon he will be able to buy everything, and the Yankees would love to devote a chunk of the revenue from their new ballpark to bring him aboard.

3 Manny Ramirez 36 OF Dodgers Dodgers
He’s like baseball’s version of Catherine Tramell. So enticing, so beautiful to behold, but be careful if you get too close. L.A., of course, is still in the relationship’s first blush, and will probably pay a fortune for a potential ice-picking.

4 Francisco Rodriguez 27 RP Angels Angels
Single-season saves record overshadowed fact that he’s lost velocity on his fastball, doesn’t go more than one inning and was perhaps only the AL’s fifth best closer (after Rivera, Papelbon, Nathan and Soria). Many consider the Mets to be the frontrunner for his services, but they’re on the hook for Billy Wagner’s $10.5 million salary in ’09 and would be wise to pursue a cheaper option.

5 A.J. Burnett 31 SP Blue Jays Yankees
Brittle in the past but threw a career-high 221.1 innings in ’08, which was (guess what?) his contract year. His 231 strikeouts led the American League, and his filthy stuff will have G.M.s salivating — particularly those that lose out in the CC Sabathia sweepstakes.

It’s incredibly ironic that no team would touch Burnett with a 600-foot pole around the All-Star break and now he’s one of the most coveted free agents on the market. The Blue Jays couldn’t have given Burnett away at midseason for a coloring book and a box of crayons.