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Andy Pettitte

Yankees To Sign Andy Pettitte

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Andy Pettitte - Yankees (PW)

The Yankees announced that they have signed Andy Pettitte to a one-year, Major League contract. Ken Davidoff of the New York Post, who first reported the deal, adds that it's worth $12MM (on Twitter). The contract also includes $2.5MM in awards bonuses according to Mark Feinsand of The New York Daily News (on Twitter). Excel Sports Management now represents the 40-year-old left-hander. 

Pettitte pitched well in 12 regular season starts this past season before making two quality starts in the postseason. He posted a 2.87 ERA with 8.2 K/9, 2.5 BB/9 and a 56.3% ground ball rate in 75 1/3 regular season innings in 2012, while earning $2.5MM.

The Yankees' rotation now looks considerably stronger than it did earlier in the month. They recently signed Hiroki Kuroda, who joins C.C. Sabathia, Phil Hughes and Ivan Nova in the team's rotation. David Phelps and even Michael Pineda could also contribute as starters.

ESPN.com's Buster Olney first reported the sides were nearing a deal. Mike Axisa contributed to this post. Photo courtesy of US Presswire.

Yankees, Andy Pettitte Nearing Deal

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7:28pm: Pettitte has committed to playing next year but no deal has been reached yet between the pitcher and the Yankees, a source told Mark Feinsand of the New York Daily News (via Twitter).

7:20am: Andy Pettitte is close to formally announcing he's going to pitch again in 2013, ESPN.com's Buster Olney reports. Furthermore, the free agent left-hander is close to finishing a new contract with the Yankees, according to Olney. The deal is expected to be worth a bit more than $10MM, Jon Heyman of CBSSports.com reports (on Twitter). Joel Sherman of the New York Post suggests the deal will likely be for $10-11MM (Twitter link).

Pettitte, who is now represented by Excel Sports Management, pitched well in 12 regular season starts this past season before making two quality starts in the postseason. He posted a 2.87 ERA with 8.2 K/9, 2.5 BB/9 and a 56.3% ground ball rate in 75 1/3 regular season innings in 2012, while earning $2.5MM.

If the Yankees complete a deal with Pettitte, their rotation will look considerably stronger than it did earlier in the month. They have also signed Hiroki Kuroda, who joins C.C. Sabathia, Phil Hughes and Ivan Nova in the team's rotation. David Phelps and even Michael Pineda could also contribute as starters.

East Links: Pettitte, Yankees, Upton

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Rosters and Rumblings, a new podcast featuring MLBTR's Ben Nicholson-Smith and Jason Martinez of MLB Depth Charts, debuted today. Check out the inaugural episode for discussion of Evan Longoria’s new deal, Jonathan Broxton’s contract talks with the Reds and B.J. Upton’s impact on the NL East. Speaking of the baseball's eastern divisions, here are some links…

  • Andy Pettitte still hasn't divulged whether or not he'll pitch in 2013, but he told Jack Curry of the YES Network via text message that a decision was coming soon (Twitter link). Curry adds that he thinks Pettitte will return to pitch for the Yankees.
  • The Yankees have hired former Major League manager and Phillies bench coach Pete Mackanin as a scout, tweets Andy Martino of the New York Daily News.
  • B.J. Upton's interest in the Braves "seemed to soar" following his meeting with GM Frank Wren, manager Fredi Gonzalez and future Hall of Famer Bobby Cox two weeks ago, writes MLB.com's Mark Bowman.

Latest On Andy Pettitte

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A friend of Andy Pettitte's told Jon Heyman of CBSSports.com that he expects the left-hander to decide on his plans for 2013 by the end of next week (Twitter link). The Yankees have yet to offer Pettitte a contract, but they remain interested in bringing him back as a member of their 2013 rotation.

Earlier this week Joel Sherman of the New York Post wrote that the Yankees expect Pettitte to return for another season. However, the 40-year-old will likely seek a raise from his 2012 salary of $2.5MM. Pettitte, who is now represented by Excel Sports Management, pitched well in 12 regular season starts this past season before making two quality starts in the postseason. He posted a 2.87 ERA with 8.2 K/9 and 2.5 BB/9 in 75 1/3 regular season innings in 2012.

AL East Notes: Robinson, Martin, Yankees

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On this date in 1957, Yankees outfielder Mickey Mantle won the AL MVP, narrowly edging out Ted Williams of the Red Sox for the award. Williams had superior numbers on a per at bat basis, but Mantle played in more games, had more wins above replacement and the Yankees won the pennant. Here are today's AL East links…

Olney On Guthrie, Royals, Pettitte

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While Jeremy Guthrie’s three-year, $25MM contract prompted some to question the Royals, the deal was considered fair in front offices of some other teams, ESPN.com’s Buster Olney reports. Some executives think of the contract as reasonable given Guthrie’s durability at the MLB level. Here are more notes from Olney…

  • The Royals will continue seeking starting pitching, even after adding Guthrie and Ervin Santana, Olney writes. They could trade minor leaguers to add to the MLB rotation.
  • Royals officials still view the club as a work in progress, but rival evaluators are intrigued by their talent. "They're a team to watch," an AL GM told Olney. The team’s young bullpen draws especially strong reviews, Olney writes.
  • The Yankees believe that the return of Hiroki Kuroda increases the chances Andy Pettitte will decide to pitch for another season, Olney reports. The Yankees signed Kuroda to a one-year, $15MM contract yesterday.

New York Notes: Kuroda, Pettitte, Wright, Dickey

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The Yankees' new deal with Hiroki Kuroda is the biggest baseball story out of the Big Apple today, but here are some more items from both the Yankees and the Mets…

  • "Everyone [I] talk to seems confident [Andy Pettitte] will return" to pitch in 2013, tweets Joel Sherman of the New York Post.  Pettitte will surely want a significant raise from his $2.5MM salary in 2012, Sherman warns.
  • Also from Sherman, he believes the Yankees will make "bold" one-year contracts akin to their deal with Kuroda, as the team is comfortable signing veterans to short-term deals.  The Yankees will also look for less-expensive "Freddy Garcia type" pitchers later in the winter to add depth, though Sherman doesn't mean Garcia specifically.  Sherman suggests Dallas Braden as a possible candidate to fit this mold (both links are to Twitter).
  • David Wright's chances of signing an extension with the Mets are no better than 50-50, an industry source tells Mike Puma of the New York Post.  Wright and his representatives are dissatisfied with the length and guaranteed value of the Mets' offer, as Wright is looking for a contract in the neighborhood of seven years and $125MM.  It has been previously reported that the Mets were going to offer Wright a deal worth at least $100MM and that the two sides had exchanged offers.
  • Also from Puma, a Mets official is "not sure" if R.A. Dickey wouldn't be traded even if he did sign an extension.  Some in the industry believe Dickey could look for some type of no-trade clause in any new contract with the team.
  • Mets COO Jeff Wilpon told reporters (including MLB.com's Anthony DiComo) that he is "more optimistic" than he was two months ago about completing extensions for Wright and Dickey.  Wilpon said that trading either player would be the Mets' third option, behind signing them long-term and beginning the season with both men still on the roster.  "They're both under contract. This is not a free-agent situation. This is not an arbitration situation. They're both under contract. We have all the flexibility in the world with that," Wilpon said.

Yankees Favored To Sign Kuroda; L.A. Teams Out

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5:12pm: The Dodgers "are not in" on Kuroda, an industry source tells Mark Feinsand of the New York Daily News (Twitter link).  Feinsand adds that the Angels appear to be out of the running for Kuroda as well.

4:00pm: The Yankees are seen as the favorites to sign free agent starter Hiroki Kuroda, Jon Heyman of CBSSports.com reports. In fact the Yankees are "very confident" they'll sign Kuroda, according to ESPN.com's Jayson Stark. Stark suggests Kuroda will pitch for the Yankees if he's pitching in MLB next year. However, Heyman reports that the Yankees sense a threat from Japan, where Kuroda pitched before joining MLB.

The Dodgers, Angels and Red Sox have also expressed interest in Kuroda, who is linked to draft pick compensation after declining a qualifying offer from the Yankees. It appears the Dodgers and Angels are shifting their focus elsewhere, Stark writes. The Dodgers are now pursuing Zack Greinke, Anibal Sanchez, Ryan Dempster and others, according to Stark. The Angels are also targeting Greinke.

The Yankees feel good about talks with Mariano Rivera so far, Heyman reports (on Twitter). They still haven't officially heard whether Andy Pettitte intends to return for another season in 2013.

Sherman’s Latest: Pettitte, Athletics, Mets

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Here’s the latest from Joel Sherman of The New York Post (links go to Twitter)…

Yankees Rumors: A-Rod, Rivera, Pettitte, Excel

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Earlier today we had some news on the Mets, now let's travel to the other side of town and check in on the Yankees…

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