While it's just hearsay and speculation at this point, it should be no surprise that the Yanks are looking at pitchers like Jeremy Bonderman. I am already on record that the team should be doing the same with Brad Penny and/or Freddy Garcia. Bonderman is going to be a low-cost, low-risk, medium upside sort of pitcher the Yanks should be taking a flier on. Just like Mark Prior.
At worst, Bonderman, 27, doesn't make the team or becomes another swingman like Sergio Mitre. At best, he will be league average. Because let's face it, the Jeremy Bonderman of 2006 ain't walking back through these doors anytime soon.
Have a gander at his 2006 line. He made 34 starts with almost a K per IP, a HR/9 below one, a K:BB ratio solidly over three and a WHIP below 1.300. He hasn't come close to those numbers since. This will not happen again anytime soon, unfortunately. The injuries to his shoulder, possibly due to so many innings at such a young age, have sapped enough from Bonderman to safely guess that his power and his ability to rack up strikeouts at a high rate are long gone.
That said, he's well worth a flier. Just in case I'm flat-out wrong. Which would be fine with me.