Yanks assembling legal dream team over Giambi contract

In a follow-up to yesterday’s story about steroids and baseball contracts, the New York Yankees are said to be putting together "an elite team of outside lawyers" to see whether the club can terminate the contract of star slugger Jason Giambi (left).

It was only a few years ago that the Yanks waved vast amounts of money in front of Giambi to lure him away from the poorer Oakland Athletics, but Giambi has been a bust in New York.  Giambi has reportedly admitted to using steroids and human growth hormone. At stake is approximately $80 million the team still owes Giambi. Baseball sources say that that if the contract goes to arbitration, as it ordinarily would, the club would likely lose.  So the Bronx Bombers are exploring the court route.