According to SI.com, the Mets have “tweaked” their offer to free agent Jason Bay to give him a possible five-year alternative and have jumped into the race for Matt Holliday.

Mets GM Omar Minaya and Bay’s agent, Joe Urbon, spoke at length on Tuesday. Minaya is thought to have signaled a willingness to go to a five-year deal (at slightly lower dollars per year than the original four-year offer for close to $65 million), but with Bay still believed to be seeking a six-year deal from them, the Mets apparently have decided to dip back in on Holliday. The Mets, who are now believed willing to go to about $75 million for five for Bay, originally concentrated on Bay in the hope that they might be able to sign him quicker.

Minaya is expected to talk to Holliday’s agent, Scott Boras, as soon as Wednesday. Mets people suggest there could be a trade option to fill their offensive gap, but it appears that Bay and Holliday are their two top targets to enhance their power.

SI.com also reports that the Mets are trying to wrap up a deal with catcher Bengie Molina, but that talks are at a standstill because Molina wants a three-year deal for as much as $20 million. But New York is only willing to do two years at $10 million for the 35-year-old backstop.

What’s interesting about SI.com’s report regarding Bay is that ESPN’s Buster Olney says the Mets are currently at four years for the former Red Sox (not five) and that the club isn’t actively involved in the Holliday sweepstakes.

It appears that Colorado Rockies outfielder Matt Holliday won’t be heading to the St. Louis Cardinals in the foreseeable future as a potential deal between the two clubs is dead.

Mozeliak did not discuss specifics of his talks with the Rockies. However, Cardinals right fielder Ryan Ludwick remained a central name within the talks until their apparent breakdown. Misgivings existed within some quarters of the organization about committing multiple players for Holliday, who is eligible for free agency after next season while the arbitration-eligible Ludwick will make considerably less than Holliday’s $13.5 million in 2009.

Fox Sports reported Friday that the Rockies also sought outfielder Skip Schumaker and righthander Mitchell Boggs, who currently ranks as the organization’s top starting pitcher at Class AAA.

Mozeliak did not disclose what caused a breakdown in talks, but a source familiar with the process said the Cardinals GM balked at the player package rather than salary concerns.

The source also indicated he believed it possible the parties could resurrect talks in upcoming weeks.

This will be the main issue regarding Holliday this offseason. The Rockies want to get fair value for their best hitter, but teams trying to acquire him don’t want to sell the farm because they know Holliday might be a goner after the year because his contract is up. Eventually the Rockies might have to settle for less, which is a shame considering Holliday’s immense talent.

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.