Posted at 6:18 a.m., Wednesday, December 12, 2007
Baseball: Yankees' Pettitte agrees to 1-year, $16M deal
Associated PressNEW YORK Andy Pettitte and the New York Yankees agreed today to a $16 million, one-year contract.
The move was a formality after Pettitte decided to pitch for the Yankees rather than retire, then accepted the team's offer of salary arbitration. The 35-year-old left-hander had turned down a $16 million player option last month, saying he needed more time to make his decision.
Pettitte was 15-9 with a 4.05 ERA this year in his return to the Yankees following three seasons with his hometown Houston Astros. He went 11-3 after the All-Star break.
New York still has incomplete deals with third baseman Alex Rodriguez, closer Mariano Rivera and reliever LaTroy Hawkins.