2:22pm: It's a $2.85MM contract, the Associated Press reports (via the Boston Herald). The deal also includes $150K in performance bonuses.
1:09pm: The Yankees announced that they avoided arbitration with Brett Gardner, Chad Jennings of the Journal News reports. Gardner, a client of Pro Star Management, Inc., agreed to a one-year deal for the 2013 season.
The 29-year-old had a projected salary of $2.8MM, according to MLBTR contributor Matt Swartz. That's the amount Gardner earned in 2012, when he was limited to 16 games because of an elbow injury. As MLBTR's Arbitration Tracker shows, the Yankees now have four unsigned arbitration eligible players: Joba Chamberlain, Phil Hughes, Boone Logan and David Robertson.