By Sana Syed, CBS 11 News

ARLINGTON (CBSDFW.COM) – If Rangers fans have one wish this Christmas, many said it would be for their team to hold on to ace pitcher Cliff Lee.

But, for now, the waiting game continues: Will Lee sign with the Rangers, or take a deal with the Yankees? While fans await the starter’s decision, many are holding off on making any investments in his name.

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“I want to buy a Cliff Lee jersey, but I’m not sure if he’s still going to be here,” said fan Drew Nichols.

At the Rangers Majestic Grand Slam Gift Shop, many fans lingered at the Lee jerseys. Then they’d turn away. Jeff Cepak, however, wasn’t one of those fans.

“Even though he hasn’t signed, I’m looking for a Cliff Lee-mas in Texas,” he said.

Cepak had several Lee T-shirts on his list of holiday gifts. The waiting, he said, isn’t fazing him at all.

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“If it was the money, he would’ve already made a decision,” Cepak said. “It’s really making him think about it. I think it’s good that he’s taking his time about this.”

But how much is too much? The Yankees made the free agent pitcher a seven-year offer worth $161 million. Many are wondering if the 32-year-old is worth the gamble.

“It’s too much money, it’s too many years, but I don’t think it’ll cripple us like A-Rod did,” said fan Dan Nichols.

Rangers owner Chuck Greenberg said the Rangers have made a substantial offer to Lee, but he did not say how much that offer is for or how long. Greenberg did tell CBS 11 that the pitcher was offered a “menu” of options.

“Obviously, it wouldn’t be appropriate to get into the details, but we gave them a number of different choices, each of which are responsible for the Rangers and our interests, both long and short term,” Greenberg said.

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Rangers fans said they are confident that if Lee signs with the Rangers, the team will continue its ascent. Meaning, Lee will be worth every penny.