Via Jon Heyman, the Yankees and Brendan Ryan have agreed to a new contract, There are no details yet, but after reports came out last week that a new deal was close and the teams were just waiting on the results of a standard physical it appears as though the Yanks have their first (and maybe only) piece of Jeter insurance in place.
Ryan hit .220/.258/.302 for the Yankees in just 17 games late this past season. He was worth 0.1 fWAR, mainly on the strength of his defense, and assuming the Yanks don't sign a bigger name to also share the time at short he will most likely be handling the duties on days where Derek Jeter is the DH. The new deal hasn't been confirmed by any of the Yankee beat guys yet, but I'll update the post as more information comes in.
** UPDATE 3:00 PM- Via Buster Olney, the value of the new deal is expected to be in the $2 million range. Can't imagine there will be too many bonuses in there to drive that value up significantly. **
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