Dec 9, 2009, 12:01 PM EST
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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- Rays, Padres, Nationals agree to 11-player trade 80
- Sergio Romo re-signs with the Giants for $15 million 14
- So, apparently we’re sweating the Matt Kemp physical now 46
- The United States will seek to normalize relations with Cuba 143
- Marlins complete Michael Morse deal: two years, $16 million 19
- Padres, Rays, Mariners discussing trade involving Wil Myers 36
- It is perfectly clear that A-Rod is the Yankees’ DH. At best. So there will be no drama, right? 37
- Baseball’s highest-ranking Hispanic woman employee sues for discrimination (163)
- The United States will seek to normalize relations with Cuba (143)
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- Done Deal: Yoenis Cespedes and two players traded to Detroit for Rick Porcello and a minor leaguer (105)
- Chase Headley signs a four-year deal with the Yankees worth at least $52 million. (95)