Dec 9, 2009, 12:01 PM EDT
UPDATE: The deal is now confirmed at $11.75M
Heyman tweets that the Yankees are about to sign Andy Pettitte to a one-year, $12 million deal (UPDATE: Joel Sherman says it’s actually $11.75m — we’ll see who’s right later). The deal will be finalized today. $12 million is about what he got last year once all of the incentives came due. Pettitte had previously rejected a $10 million offer.
Pettitte was 14-8 with a 4.16 ERA in 2009. He went 4-0 in five postseason starts, with the
final win coming in Game 6 of the World Series. It has been widely reported that if the Yankees didn’t sign him this winter he was going to retire.
As for the deal itself: he was given a low base salary last year — $5.5 million. In a lot of ways it seems like a $12 million, no-or-low incentives deal is something of a reward for him taking some risks last season.
The Yankees kicked ass in the playoffs. They are continuing to kick ass in the winter meetings. It’s their world, and we’re all just living in it.
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- Cardinals confirm Adam Wainwright is done for season with torn Achilles 18
- Source: Josh Hamilton rejected a trade to a National League team because he wanted to go back to Texas 46
- Deal done: Josh Hamilton traded to the Texas Rangers for cash considerations 48
- Pitchers batting is dumb and the DH should be universal 353
- And That Happened: Sunday’s scores and highlights 88
- Alex Rodriguez hits 659th career home run, now one shy of tying Willie Mays 60
- Max Scherzer doubtful for next start due to thumb injury 5
- Pitchers batting is dumb and the DH should be universal (355)
- Comment of the Day: do not underestimate the seriousness of the anti-DH crowd (198)
- The early leaders in MLB’s “Franchise Four” thing have been announced (166)
- The Royals and White Sox had a benches-clearing fracas, five players ejected (162)
- Protesters converge on Oriole Park at Camden Yards (149)