It made too much sense all along for them not to do it, and finally the Yankees and Andy Pettitte have agreed on a one-year deal that will put him in pinstripes again this season.
Final details are still being worked out, according to two baseball sources, but Pettitte will accept a base salary between $5-6 million, with innings-pitched and days-on-the-roster incentives that could raise the value of the contract to $12 million.
Pettitte had turned down the Yankees' offer of a flat $10 million for the season, but GM Brian Cashman had maintained a dialogue throughout the winter with the lefthanders agents, Randy and Alan Hendricks.
Pettitte earned $16 million last season when he went 14-14 with a 4.54 ERA and finished poorly, going 2-7 over the final six weeks of the season while apparently dealing with a sore shoulder.
Pettitte's signing fills out a potentially dominating rotation that also includes CC Sabathia, A.J. Burnett, Chien-Ming Wang and Joba Chamberlain. It also gives the Yankees the option of moving Chamberlain back to the bullpen and using one of their young starters, such as Phil Hughes, in the rotation.
source: nydailynews.com
Monday, January 26, 2009
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