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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.

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