Washburn Trade Rumors

I am wondering what is going to happen with this. The Mariners might be better off keeping Washburn and his crazy contract. He has pitched effectively. If I were Washburn thou, I would reject this deal unless the Yankees can offer an extension.

FROM mlbtraderumors.com

10:05pm: SI.com's Jon Heyman seems to be saying the Mariners are still asking for Melky Cabrera and Brett Gardner, though many think one of them would be
plenty.
9:27pm: Talks seem to have stalled; Jerry Crasnick got the impression that GM Brian Cashman is not optimistic about a
deal happening.
5:59pm: ESPN's Buster Olney says the Yankees are holding firm, offering a marginal prospect and salary relief.
1:25pm: The Jarrod Washburn talks seem to be plodding along; I am going to start a fresh thread here and update it throughout the day.
Ken Rosenthal says the Yankees made an offer of an average prospect and
absorption of most of his contract. So far no agreement has been reached. Washburn started today and shut down the Jays in Toronto.