Mar
08

Pineda, Nova, and Nunez agree to 2012 contracts

By

Via George King, the Yankees have agreed to one-year contracts with Michael Pineda, Ivan Nova, and Eduardo Nunez. None of the three were free agents or anything like that, but they were not yet eligible for arbitration and the team could have renewed their contracts at pretty much any salary they wanted. Pineda signed for $528,475, Nova for $527,200, and Nunez for $523,800. The minimum salary this year is $480k thanks to the new Collective Bargaining Agreement.

Cory Wade, another pre-arb guy, signed for $500k ($508,925 according to King) back in January. The deadline to sign these guys was actually last Friday, so it’s safe to assume the Yankees also worked out one-year deals near the minimum with Chris Dickerson, Frankie Cervelli, and every other pre-arb guy on the 40-man roster.

Categories : Asides, Transactions

21 Comments»

  1. Plank says:

    Is the extra amount over the minimum based on anything other than service time?

  2. RetroRob says:

    Interesting. They gave Pineda, who wasn’t on the Yankees last year, $1,275 more than Nova, who was a key part of the Yankees rotation.

    Wonder how they arrived at those numbers.

  3. Cris Pengiucci says:

    Glad they got that done. It was keeping me up at night.

  4. I Live In My Mom's Basement says:

    I have four college degrees from elite universities. I would love to work somewhere where the minimum salary is $480K.

  5. Plank says:

    All three of those guys have just over a year of service time. If the Yankees hold them down in the minors for even a little bit, they will get an extra year of control over them. Especially Pineda at 1.000 years of service.

    I’m not condoning it, but other teams do it all the time.

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