From TH brewers blog
On another subject, don't believe those rumors that have been reported that the Brewers have offered left-hander CC Sabathia a four-year contract for $110 million. I have it on good authority that no offer has been made yet and that those numbers are higher than the Brewers are considering.
The Brewers would be more likely to offer a five-year deal from between $90 million and $100 million, making Sabathia's yearly pay $20 million or less. They would be hard-pressed to go higher with a total team payroll between $80 million and $90 million.
The Brewers probably will make their offer on Monday.
Why even offer him a deal then? 5 yrs 90 million would be an embarassing offer in my opinion to a guy who carried you into the playoffs.