Nov 20, 2012, 6:27 PM EDT
The deal also includes some performance-based incentives, but they’re worth less than $1 million.
Kuroda was courted this offseason by the Dodgers and Angels, and was said to be considering simply heading back to his native Japan, but the Yankees were able to lure him in for another season with a pact worth slightly more than the $13.3 million qualifying offer that the 37-year-old turned down 10 days ago.
Kuroda posted a 3.32 ERA and 1.17 WHIP in 33 starts this past summer for New York, fanning 167 batters while issuing only 51 walks in 219 2/3 innings. There’s no reason to expect a major drop-off in 2013.