Yankees Sign Freddy Garcia

The Yankees have signed Freddy Garcia to a one-year deal, the club announced today.  Garcia, a Peter E. Greenberg & Associates client, will obtain a guarantee of $4MM plus incentives.

Garcia, 35, signed a minor league deal in February and delivered a surprisingly strong 3.62 ERA in 146 2/3 innings. The 13-year veteran posted 5.9 K/9, 2.8 BB/9 and a 36.4% ground ball rate for the Yankees, spending part of August on the disabled list with an index finger injury.

Though the Yankees have locked up C.C. Sabathia, their search for starting pitching continues. Sabathia and Garcia will join A.J. BurnettIvan Nova and Phil Hughes in the team's projected 2012 rotation.

David Waldstein of the New York Times tweeted the sides were nearing agreement on November 23. ESPN.com's Buster Olney was the first to report the two sides had agreed to terms on November 24, with Jon Heyman of MLB Network (on Twitter) adding the contract details.