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Yankees, Mariano Rivera agree on one-year, $10 million deal

Nov 29, 2012, 8:07 PM EST

UPDATE: CBS Sports’ Jon Heyman reports that the Yankees and Rivera have agreed to terms on a one-year, $10 million contract. He’ll have the chance to earn more with incentives.

4:21 PM: We had a false report the other day, but now it appears it’s finally getting done:

Happy birthday to him. Rivera turns 43 today.

And speaking of age, that’s a lot of bread for a reliever of his vintage, especially coming off an injury. But please, in every way, shape and form, Rivera is a special case and it was never likely that the Yankees were going to pay him like a 43 year-old reliever coming off an injury. No more than Derek Jeter was going to get the kind of contract one normally gives a shortstop in his late 30s a couple of years ago.

  1. uyf1950 - Nov 29, 2012 at 4:28 PM

    Excellent news. Now let’s just hope Rivera doesn’t have any lingering effects from his injury. And it’s in keeping with the Yankees desire to keep to 1 year deals with most of these players preparing for the 2014 season and getting under the Tax Threshold.
    Looks like now just the Right Field position which I think will come down to Ichiro as the 1st choice or perhaps Victorino as the fall back position. Then Catcher and as much as I hate to say this I think there is probably at least a 75% chance Martin returns on a 3 year deal.

    • churchoftheperpetuallyoutraged - Nov 29, 2012 at 5:09 PM

      Soriano > Robertson > Joba/Logan to Mariano > Robertson > Joba/Logan and save $20M (as long as Levine doesn’t do anything stupid), yes please!

      Although I’d love for them to go after Soria, depending on the $ involved.

      • uyf1950 - Nov 29, 2012 at 5:16 PM

        Don’t forget to add Aardsma in the available bullpen for the 2013. I think he will surprise some and have a very good year.

  2. churchoftheperpetuallyoutraged - Nov 29, 2012 at 5:25 PM

    Completely forgot about him. I really like how Cashman has built the bullpen. Pay money for an elite reliever (Mo), and scrap the barrel for the rest (Eppley, Wade, Aardsma, etc).

  3. yanks33 - Nov 29, 2012 at 6:14 PM

    I wouldn’t have mind seeing them take a look at Soria and maybe save some money in the process, i wouldn’t have brought Rivera back for 10 mil, just seems like a waste of money

    • churchoftheperpetuallyoutraged - Nov 29, 2012 at 6:27 PM

      He hurt his knee, not his elbow/shoulder so he should be the same person next season. $10M ($5M reduction from previous) for the best reliever in history is a waste of money?

  4. lazlosother - Nov 29, 2012 at 6:46 PM

    Good deal. Rivera was great last year before he injured himself and there is no reason to think he won’t be effective this year. If he isn’t, it’s only a one year deal.

    NY needs to lock up Martin . No better alternative out there and the younger fellows are either not far enough along or too risky injury-wise not to. People don’t realize that Martin has been worth what he is asking for, and if lightning were to strike with one of the young fellows they could probably trade him and get something of value – several teams are courting him now.

    • proudlycanadian - Nov 29, 2012 at 8:46 PM

      Regarding Martin: He gone!

      Now what?

      • lazlosother - Nov 29, 2012 at 11:38 PM

        Don’t know. Gotta admit this one surprised me.

  5. dcfan4life - Nov 30, 2012 at 12:04 AM

    With Riveras timetable to return, he should be 100% healthy. And at his age, the extended rest could be great for his arm. I doubt he will lose any movement on his cutter, maybe a little velocity. Will he be dominant, maybe not, but i expect plenty more broken bats, wiffs, and saves for this sure fire hall of famer.

  6. BigBeachBall - Nov 30, 2012 at 8:24 AM

    Second best reliever of all time…

  7. hushbrother - Nov 30, 2012 at 8:46 AM

    Three guys who we think of as “ageless wonders” – Mariano, Minnie Minoso and Vin Scully – all share the same birthday. Weird.

  8. j0esixpack - Nov 30, 2012 at 7:18 PM

    I’m a Red Sox fan and actually think its great he’s coming back.

    Rivera deserves to go out on his own terms. I’m not hoping he’s going to have an All Star caliber year (and at 43, if that’s all he really is, I doubt he will) but he’s been great for baseball and every true baseball fan should be able to admit that.

    He deserves a swan song and some appreciation around the league this season.

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