Yankees declined their 2015 option on RHP Andrew Bailey, but I'm told he's been re-signed to a new minor league deal. — Lohud Yankees Blog (@LoHudYankees) November 7, 2014
Good stuff from Chad Jennings here. We knew the Yankees had a decision to make on Andrew Bailey's 2015 option and there it is. The team declined the option, saving themselves a few mil towards this year's payroll, then re-signed Bailey to a MiL deal. This gives him the chance to continue rehabbing his shoulder injury and keeps the Yankees' chances of getting something useful from him alive. Pretty smart.