The Cincinnati Reds proposed offer of taking Brandon Phillips from New York in exchange for Brett Gardner was rejected by the Yankees, according to ESPN.

The second baseman is reportedly unhappy with his present contract - he is currently halfway through a six-year $72.5 million deal- and there was a feeling that he would want more money on top what he was already earning.

But the Yankees rejected the deal as they were reluctant to bring Phillips to New York considering his declining numbers at his current salary.

In 2013, Phillips hit .261 with 18 home runs and a career-best 103 RBIs this past season, whereas Gardner managed .273 with just eight home runs, 52 RBIs and 24 steals.

For Gardner, though, Yankees general manager Brian Cashman has stated that they will be listening to offers, especially considering that they have recently added outfielders Carlos Beltran and Jacoby Ellsbury to the roster. 

And officials have said that Yankees remain interested in the free-agent Omar Infante, although his contract demands currently remain too steep.

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