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Report Says Giambi Admitted Use of Steroids to Grand Jury

By Tyler Kepner

The New York Times -- Three years ago, Jason Giambi was the New York Yankees’ great hope, a strapping slugger who joined them for $120 million and the promise of extraordinary production for the next seven years.

Now, Giambi is a broken player and a burden to the Yankees, who may try to take action against him in the wake of a damaging report on Thursday in The San Francisco Chronicle that he illegally used steroids. The Chronicle quoted what it said was Giambi’s testimony before a federal grand jury, which is secret.

After learning of the report on Thursday morning, the Yankees almost immediately met with the commissioner’s office. According to an official who was briefed on the meeting, the Yankees are seeking financial relief from the $82 million they owe Giambi over the next four seasons.

Randy Levine, the Yankees’ president, met for more than an hour with Rob Manfred, baseball’s executive vice president for labor relations and human resources. Howard Rubenstein, a spokesman for George Steinbrenner, the Yankees’ principal owner, released a brief statement on Levine’s behalf that was notable in not offering any support of Giambi.

“We have met with the commissioner’s office today and will continue to work with them to obtain all the facts in this matter,” Levine said in the statement. “We have made no decisions and will keep all of our options open.”

The Chronicle said it had reviewed a transcript of Giambi’s testimony on Dec. 11, 2003, before the grand jury investigating the Bay Area Laboratory Co-Operative, without saying how it obtained the transcript. The article said that Giambi told the grand jury that he took several steroids, including human growth hormone, which he injected into his stomach, and testosterone, which he injected into his buttocks.

The Chronicle said that Giambi was told he would face perjury charges if he lied to the grand jury but would be granted immunity from prosecution if he did not.