Andy Pettitte and the Yankees have finally agreed to a one-year deal worth $12 million plus $2.5 million in award bonuses. Although the lefty seemingly retired after the 2010 season, Pettitte returned in 2012 with a $2.5 million contract. In 75.1 IP last season, the un-retired Pettitte put up a 2.87 ERA, a 3.48 FIP, and a career high 22.8 K%. He also posted a career high GB% thanks to a career high two-seam fastball usage.
Unless there is a major trade that sends Phil Hughes, Ivan Nova, or David Phelps to another organization, the Yankees starting rotation is now identical to last year’s. This likely means they are done on the starting pitcher market, but they have also mentioned looking at Freddy Garcia-type options.