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River Ave. Blues ยป Yankees, Cory Wade agree to contract for 2012

Yankees, Cory Wade agree to contract for 2012

January 11, 2012 by Mike 13 Comments

Reasons to be optimistic about Phil Hughes
Open Thread: Brad Halsey

Via Jon Morosi, the Yankees and Cory Wade have agreed to a non-guaranteed one-year deal worth $500k for next season, or $20k over the league minimum. Wade was not a free agent and he fell a few weeks shy of qualifying for salary arbitration, so the Yankees were able to renew his contract at basically whatever salary they wanted. Wade did a fine job after being plucked off the scrap heap at midseason, pitching to a 2.04 ERA and a 3.76 FIP in 39.2 IP. He figures to again serve as one of Joe Girardi’s primary pre-seventh inning relievers.

Aside: I don’t know for sure because this stuff is next to impossible to confirm, but it appears as though Wade has a minor league option remaining. If so, he can go to the minors without a hitch next year. Hooray for flexibility.

Reasons to be optimistic about Phil Hughes
Open Thread: Brad Halsey

Filed Under: Asides, Transactions Tagged With: Cory Wade

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