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Yankees miss out on Cliff Lee…for now.

Texas Rangers starting pitcher Cliff Lee pitches against the Baltimore Orioles in the first inning of their MLB American League baseball game in Arlington, Texas July 10, 2010. REUTERS/Mike Stone (UNITED STATES - Tags: SPORT BASEBALL)

When the news sprawled across my computer screen last Friday, I couldn’t help but say aloud, “Right on time, Yankees.” (And yes, I like to talk to myself.)

By the middle of last week, the Rangers had emerged as the favorites to acquire left-hander Cliff Lee from the Mariners. The sticking point in the deal appeared to be whether or not Texas would part with top prospect Justin Smoak, whom Seattle GM Jack Zduriencik coveted.

Either way, it seemed as though the Rangers were way out in front in the race for Lee. That was, of course, until the Yankees got involved.

Reports surfaced early Friday morning that Brian Cashman and the Yanks were on the verge of acquiring Lee. They were prepared to give up their top prospect, Jesus Montero, but the two sides couldn’t agree on whom the second player in the deal would be and the Rangers wound up getting Lee anyway.

But if history is any indication, Lee won’t be in Texas for very long. His contract is up at the end of the year and we all know Cashman does his best work at the negotiating table. (Not that throwing millions of dollars at a player with reckless abandon in attempts to sign him is difficult.)

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Iker Casillas kisses reporter…

…which turned out to be his girlfriend.

At first, I thought this was another case of a high-on-adrenalin/alcohol celebrity overstepping his bounds a la Adrien Brody’s planting a kiss on Halle Berry after winning an Oscar or Joe Namath telling Suzy Kolber he just wanted to kiss her on the Jets sideline. But Spanish goalkeeper Iker Casillas and reporter Sara Carbanero have been dating for a while, so Casillas closed the interview with a kiss.

Watch for a strange moment at 0:25 where they both seem to choke up a little.

What are the Suns thinking?

Toronto Raptors Hedo Turkoglu walks from the dressing room before speaking to the media after finishing their NBA season in Toronto, April 15, 2010.  REUTERS/Mark Blinch (CANADA - Tags: SPORT BASKETBALL)

After (justifiably) nickel-and-diming Amare Stoudemire, and watching him sign with the Knicks, the Suns are reportedly about to trade for Hedo Turkoglu and Josh Childress in two separate deals.

The Suns, according to the Republic, have agreed to send guard Leandro Barbosa and forward Dwayne Jones to the Raptors for Turkoglu, who badly wants a move after a rough first season with Atlanta.

In the second deal, Phoenix will acquire Childress in a sign-and-trade with the Hawks, who still hold Childress’ rights after the restricted free agent spent the last two seasons in Greece. The Republic reported that Childress has agreed to a five-year, $34 million contract with the Suns, who will use a portion of the trade exception created in Friday’s Stoudemire sign-and-trade with New York to absorb Childress’ contract.

The Suns will save about $7 million per season for the next two years by trading away Barbosa, but they’re committing almost $78 million in new money to Turkoglu and Childress, for a net of $64 million. Stoudemire signed for five years and $100 million.

I like Childress a lot, especially in this offense, but trading for Turkoglu? Really? Wouldn’t it be better to hold on to Stoudemire than to ask a 31-year-old small forward to play power forward?

Granted, the Suns options are pretty slim now that the top free agents have already signed, but Amare signed early, so they had time to make a run at Carlos Boozer or David Lee and were either unable or unwilling to land either player.

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