Nicky was a Yankee farmhand, and he was my second-favorite Yankee when he was on the team (after Jorge Posada). An on-base machine -- Baseball Prospectus once referred to him as "OBP Jesus" -- he would be a perfect fit for the Yanks, who have a hole at DH with Hideki Matsui's departure for Anaheim.
I always hated the trade that sent Nicky, Juan Rivera, and Randy Choate to the Expos for Javier Vazquez after the 2003 season. Because they didn't win the World Series either year, the 2002 and 2003 teams don't get the credit they deserve, but those were two of the best teams of the Joe Torre era, and Nicky was a big part of both of them. And in 2004, when Jason Giambi went down with intestinal parasites for much of the season, forcing the Yanks to use the dessicated remains of Tony Clark and John Olerud at first, Nicky's absence was keenly felt -- and Vazquez was never all that in a Yankee uniform.
Putting his guaranteed .400-plus OBP between Derek Jeter and Mark Teixeira will make the top of the Yanks' order at least as much of a force to be reckoned with as it was with Johnny Damon in the #2 hole.
I really hope this deal happens.