Watching Sportscenter now and Buster Olney is reporting that the Yankees are currently negotiating with Damon. I'm confident this will get done relatively quickly.
Also, in shocking news, Barry Bond's agent has acknowledged that Bond's baseball career is over. It's ok kids, wipe the tears from your eyes, time will heal your pain.
UPDATE: NY Post's Joel Sherman tweets : "Neither #Yankees nor Boras camp describe active negotiations on Damon, and so no quick resolution is ancitipated"