The New York Yankees have finally resigned free agent pitcher Andy Pettitte to a one year deal with a base of $5.5 million and another $6.5 million possible in performance incentives.
Pettitte had long been expected to return to the Yankees for another year but negotiations had dragged on for several weeks and the 36 year old had reportedly contemplated retirement.
The veteran left hander, who went 14-14 last year with a 4.54 ERA, will finish off an already impressive rotation that includes newly signed CC Sabathia, AJ Burnett, Chien-Ming Wang, and Jobba Chamberlain. The move also likely eliminates prospects Ian Kennedy and Philip Hughes from contention for the Yanks' rotation, barring some sort of injury.
