Mariano Rivera’s deal is official and other Yankee signings

It’s official, the Yankees announced that Mariano Rivera has signed a one-year contract to pitch in 2013. The terms of the deal are as follows, per Ken Rosenthal of Fox Sports:

Rivera contract with #Yankees: One year: $10M plus following incentives. $500K for LCS/MVP, $1M for WS/MVP, $1M for winning Rolaids award.

Rivera said in his statement: “I feel like we have…a team that can compete for a championship. I’m not just coming back to play. I’m coming back to win.”

Also coming across the wires otherwise known as Twitter as I was writing this post, the Yankees designated both Mickey Storey and Jayson Nix for assignment to make room for Rivera and righthander Jim Miller on the 40-man roster. Miller was picked up a short time ago from Oakland.

Nix was signed to a $900,000 major league contract and immediately designated for assignment. He agreed to accept the assignment in Triple A and if he clears waivers, he will report to camp in the Spring.

Stacey is co-Editor-in-Chief of It's About The Money, co-host of the It's About The Money, Stupid podcast and is a monthly contributor to ESPN's SweetSpot Blog. She is a former contributor at Aerys Sports and High Heat Stats. She has contributed to group projects at Baseball: Past And Present and the Hall of Stats. Her work has appeared in USA Today's Sports Weekly and most recently, she wrote four pieces for Derek Jeter: Celebrating the Yankees' Captain Clutch, a magazine printed by i5 Publishing.

7 thoughts on “Mariano Rivera’s deal is official and other Yankee signings

  1. not Montero's dad

    I thought that NYY didn't do incentives in contracts. When did this begin? With A-Rod?

  2. Joef

    Mark reynolds was non tendered is he too strike out prone to take a flyer as a back up 1b/3b?

  3. Joef

    And jair jurjens… that could be a bigtime reclaimation that could reap a fantastic reward

    • uyf1950

      Personally I think he would be looking for to much money as a "reclamation" project. My preference for a true "reclamation" project is Roberto Hernandez (AKA: Fauto Carmona) he should be more then willing to sign a minor league deal with a spring training invite.

      • Joef

        If the price is right of course but the potential return jair could give is much greater I think than carmona/hernandez.

  4. uyf1950

    I like the incentives the Yankees put in Rivera's contract. I hope he earns all of them because of what that obviously means for the Yankees as season as a whole. However, it's probably far more realistic to think that really the LCS/MVP is the only one he has a chance at. I wish Mo and the Yankees the very best and a World Series Championship in 2013.

  5. uyf1950

    At 608 career saves it would be nice if Rivera could get another 42 this year and bring his career total to 650 saves. BTW, only 2 other active pitchers have even 300 career saves: Francisco Cordero at 37 years old with 329 and Jason Isringhausen at 40 years old with 300 exactly. Looks like Rivera will be the MLB career saves leader for quite some time.

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