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.
- Blue Jays sign Dayan Viciedo to a minor league deal 8
- Chris Sale will be sidelined for three weeks with foot fracture 11
- Aramis Ramirez says 2015 will be his last year 32
- Francisco Rodriguez re-signs with the Brewers 9
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended 305
- Pirates open to massive extension for Andrew McCutchen 18
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” 86
- Yankees don’t plan on having to pay A-Rod’s $30 million in home run milestone bonuses 52
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (305)
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks (131)
- Brian Sabean says that California taxes are a hindrance to the Giants signing free agents (102)
- Ichiro is happy to be away from Joe Girardi (88)
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” (86)