Quick hit: Cervelli and Yanks avoid arbitration, CC joins Roc Nation

The Yankees have signed Francisco Cervelli to a one-year contract to avoid arbitration.

Jon Heyman of CBS Sports says that the deal is worth $700k. Cervelli, who only appeared in 61 plate appearance in 2013 before suffering a broken hand, was also suspended 50 games for his connection to the Biogenesis clinic in Miami.

The Yankees have four remaining unsigned arbitration-eligible players: David Robertson, Brett Gardner, Shawn Kelley and Ivan Nova.

And it was just announced that CC Sabathia has signed with Jay Z’s Roc Nation. Hmmm.

Here’s a picture of the event.

Stacey is co-Editor-in-Chief of It's About The Money and is co-host of the It's About The Yankees, Stupid podcast. When she's not blogging about baseball, she's blogging about the New York Knicks and when she's not doing either of those things, she's tweeting about General Hospital and her cats.

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