Yankees Sign Damaso Marte

3:38pm: Joel Sherman says the 2012 option is for $4MM, with a $250K buyout.  Ken Davidoff believes this contract was a mistake in light of the ’09 option, and I agree.

1:06pm: It’s official.  Marte gets a three-year deal with a club option for 2012.

9:01am: According to Impacto Deportivo, the Yankees signed Damaso Marte to a three-year, $12MM deal (link is in Spanish).  The Yanks had declined a $6MM option for 2009 earlier.

It’s good news for Marte, who was saddled with Type A status.  Marte is getting up there a bit; he’ll be 34 in February.  He initially had a rough go of it with the Yankees, battling elbow inflammation.  Fortunately, Marte finished strong with a 1.64 ERA in his final 15 games.

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