The AP is reporting that Andy Pettitte has indeed agreed to a 1 year deal with the Yankees. Just $5.5 million will be guaranteed with another $6.5 million attainable through incentive clauses.
Rumors had it that Pettitte had been offered a guranteed $10 million, but had rejected it. One wonders if this was a take it or leave it offer, or if that guaranteed $10 million was actually on the table.
Either way, it looks like Andy Pettitte will join CC Sabathia, A.J. Burnett, Chien-Ming Wang, and Joba Chamberlain in the Yankees rotation. This would also means Phil Hughes starting the year at Scranton unless the Yankees keep Chamberlain in the bullpen to start the season.
UPDATE 5:14 PM - Here are more details on the signing from MLB.com's Bryan Hoch.
UPDATE 9:23 PM - Peter Abraham has the audio of today's Cashman-Pettitte press conference.
Monday, January 26, 2009
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