Yankees ace CC Sabathia is widely expected to exercise his opt-out clause soon after the World Series, foregoing the final four years of his contract in search of an even larger payday. In today's Insider-only blog post, ESPN's Buster Olney spoke to Brian Peters, Sabathia's agent, about the situation….

"CC has been clear about how he feels about New York and the Yankees," Peters said on Saturday morning, "and we will exhaust all of our efforts to reach a new agreement (with the Yankees)."

When asked if negotations about a new deal with New York have started, Peters replied: "As of today, I've got nothing new to report."

Sabathia, 31, will be leaving $92MM on the table if he opts out. His ERA has gone down in each of his three seasons in New York (3.00 in 2011), and his strikeout (8.7 K/9) and walk (2.3 BB/9) rates this year were his best since 2008. Olney mentions that there was some concern in the Yankees organization about how the lefty's weight affected his command late in the season (4.30 ERA in his last nine starts), but there should be little concern about his durability; Sabathia has thrown at least 230 innings every year since 2007.

We heard the Rangers were preparing to "throw a boatload of money" at Sabathia earlier this week, and Olney speculates that the Cubs and Angels could get involved as well. MLBTR readers were pretty split when asked how much Sabathia's next contract will be worth about two weeks ago.