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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- And That Happened: Wednesday’s scores and highlights 74
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- Matt Williams puts up another strong performance in his quest to get himself fired 105
- Settling the Scores: Tuesday’s results 81
- Sarah Palin sticks up for Curt Schilling, tells ESPN to “stick to sports” (266)
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- Matt Williams puts up another strong performance in his quest to get himself fired (105)
- ESPN pulls Curt Schilling off broadcasts for rest of regular season and Wild Card game (100)
- David Ortiz tweets his happiness about the Deflategate decision (98)