Wednesday, November 28, 2012

BREAKING NEWS: Yankees Re-Sign Andy Pettitte

(One more year of the stare)

After an acceleration to the re-signing process earlier this week, and multiple reports that a new deal was imminent yesterday, the Yankees officially re-signed Andy Pettitte this afternoon, completing part 2 of their offseason checklist.

According to multiple reporters, the deal is of the 1-year variety and will be for $12 million next season, with another $2.5 mil available in awards bonuses.  It's a hefty raise from the non-guaranteed $2.5 million Andy signed for when he came back this past season, but after the way he pitched a big hike in salary was to be expected.

With this move, the Yankees now have a rotation set for 2013- CC, Kuroda, Andy, Hughes, Nova- with a couple other arms outside that top 5 as insurance and the always-lingering possibility of them signing a cheap veteran arm here or there.  Andy coming back does give Cash the flexibility to include Hughes or Nova in a trade package if he pursues that route to fill the right field void, but even if nothing else happens with the rotation this offseason, the Yankees can go into Opening Day confident that their rotation is set.

**UPDATE- 3:29PM- Eli Whiteside has been DFA'd to clear a 40-man roster spot for Andy.  So that's why they signed Whitesite to a split-contract.  Smart move. **

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