Not any more.
Swisher has agreed to a contract with the Cleveland Indians, he confirmed on his Twitter account.
A source told ESPN that Swisher agreed to a four-year, $56 million contract that also includes a $14 million option for a fifth season that will "easily vest," making the potential total value of the contract $70 million.
The Indians will lose their second-round pick in next year's amateur draft as compensation for signing Swisher, and the Yankees will get an extra selection following the first round.
ESPN's Buster Olney tweeted that the draft pick compensation kept the Red Sox from diving in on Swisher: "One source indicated BOS didn't want to give up their high second round pick to the Yankees -- which is what would've happened with Swisher."
The Indians, in shopping for an outfielder this offseason, reportedly offered Shane Victorino a four-year contract worth a reported $44 million before he signed a three-year, $39 million deal with the Red Sox.
So if Napoli ends up not coming to the Sox, pretty much the only big-bat option left on the free agent market is Adam LaRoche, but the draft-pick compensation is an issue with him too.