The Yankees may or may not keep Xavier Nady and/or Melky Cabrera, but today they avoided salary arbitration with the pair, settling on a pair of one year contracts.
Anthony McCarron (NY Daily News) reports that Nady and the Yankees agreed on a 1 year, $6.55 million deal. Splitting time between the Yankees and Pirates, Nady had a career best year, hitting .305 with 25 home runs and 97 RBI. He'll be eligible for free agency after the 2009 season.
Cabrera got a 1 year, $1.4 million deal after hitting just .249 with 8 home runs and 37 RBI. Brian Bruney remains the lone Yankee that could still go to arbitration.