OXON HILL, MD. -- The impression among industry people at the Winter Meetings is that the Yankees will stay on hold until their closer situation is resolved, two sources told NJ Advance Media on Tuesday night. The sources spoke on the condition of anonymity so they could speak freely.

On Tuesday, while speaking to reporters in a suite at the Gaylord National Resort & Conference Center, Yankees general manager Brian Cashman said he was deep into talks with free agent closers Aroldis Chapman and Kenley Jansen.



Cashman said he had made contract offers to both players.



"It'd be nice if somebody picks us at some point. If not, we'll adjust," Cashman said.

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If the Yankees sign either Jansen, who will also require the loss of a first-round pick due to qualifying offer compensation penalties, or Chapman, who won't, it will likely represent their biggest offseason purchase.



Both pitchers are expected to get far more than the $62 million over four years Mark Melancon received from the Giants on Monday. Cashman has said the Yankees are working with a budget from owner Hal Steinbrenner.



The Yankees also remain engaged with some teams in trade talks for various players, Cashman said.



The sources were in agreement that it was likely the Yankees will wait until the dust settles on Chapman, Jansen and their other potential closer options before turning their attention elsewhere. That way, they said, the team can figure out how to disperse the rest of its funds.

Dellin Betances currently owns the job. But adding an arm the caliber of Jansen or Chapman would allow the Yankees to shift Betances into the eighth inning, where he's had most of his major-league success -- and experience.



Cashman has said the team has looked into adding a left-handed reliever. He's also said he doesn't expect the Yankees to add a starting pitcher this offseason, despite their obvious need.



The Yankees have just three of five rotation spots locked in: Masahiro Tanaka, Michael Pineda and CC Sabathia. As it stands, the Yankees would let five unproven arms vie for the two spots. That competition would include righties Bryan Mitchell, Luis Cessa, Chad Green, Adam Warren and Luis Severino.

Brendan Kuty may be reached at bkuty@njadvancemedia.com. Follow him on Twitter @BrendanKutyNJ. Find NJ.com Yankees on Facebook.