From ESPN's Jayson Stark (who will be on my show on 790 The Ticket tomorrow at 9:30am):
ESPN.com's Jayson Stark is hearing that Jason Bay is too pricey for the Braves and emailed this analysis: "Let's characterize the Braves' next move this way: The Vazquez deal frees up about $9 million for the Braves to spend on upgrading their offense -- Vazquez's $11.5-million salary and the half-million in cash they'll get from the Yankees, minus the $3 million or so Cabrera will make via arbitration. They'll now look to use that surplus on an outfield bat, a first baseman or possibly both.
"Johnny Damon is one possibility, particularly because his home in Orlando is within minutes of the Braves' spring-training complex. Another option is free agent Xavier Nady, who could play first or the outfield and would come at a relatively low base because he is recovering from his second Tommy John surgery.
"Or the Braves could look to deal an outfielder -- either Cabrera or possibly Jordan Schafer -- for a bat. They've been linked in trade rumors to Florida's Dan Uggla, who could potentially slide to first base."