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 Post subject: Pettitte Signs with Yankees
PostPosted: Mon Jan 26, 2009 6:40 pm 
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http://hosted.ap.org/dynamic/stories/B/ ... TE=DEFAULT

Quote:
Andy Pettitte and the Yankees agreed Monday to a $5.5 million, one-year contract that brings the left-hander back to New York.

Pettitte can make an additional $6.5 million on performance bonuses and bonuses based on time on the active roster.

"There was never another team brought up," Pettitte said during a conference call. "I wanted to come back to the Yankees."

He joins a starting rotation that already includes CC Sabathia, A.J. Burnett, Chien-Ming Wang and Joba Chamberlain. The deal raised the Yankees' projected opening-day payroll to $196.8 million for 17 players with agreements.

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 Post subject: Re: Pettitte Signs with Yankees
PostPosted: Mon Jan 26, 2009 6:48 pm 
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He turned down the Yankees first offer of $10 million guaranteed and instead opted for $6.5 million guaranteed and incentives that could push his total earnings to $12 million. I'll bet he wish he could take a mulligan.


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 Post subject: Re: Pettitte Signs with Yankees
PostPosted: Mon Jan 26, 2009 6:51 pm 
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The Yanks pulled it once they signed Teixeira...

Quote:
Late last year, New York had offered a deal that would have guaranteed Pettitte $10 million, down from the $16 million he earned last year. New York withdrew that offer after it agreed to a $180 million, eight-year deal with Mark Teixeira.

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I say keep the $50 and ban him anyway...

For those jumping ship, we'll keep the bandwagon warm for you...


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 Post subject: Re: Pettitte Signs with Yankees
PostPosted: Mon Jan 26, 2009 6:53 pm 
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nad69dan wrote:
The Yanks pulled it once they signed Teixeira...

Quote:
Late last year, New York had offered a deal that would have guaranteed Pettitte $10 million, down from the $16 million he earned last year. New York withdrew that offer after it agreed to a $180 million, eight-year deal with Mark Teixeira.


Yes, but Pettite could have taken that offer before it was nixed. Unless I have my dates mixed up.


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 Post subject: Re: Pettitte Signs with Yankees
PostPosted: Mon Jan 26, 2009 7:06 pm 
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I didnt think of that, I'm guessing he was holding out to see if another team would up the offer only to see no one else was interested

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I say keep the $50 and ban him anyway...

For those jumping ship, we'll keep the bandwagon warm for you...


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