The comeback went well this season but a fluke leg injury cut it short, so Andy Pettitte has decided to return for another year. The two sides finished up contract talks and have agreed to a new one-year deal worth $12M plus another $2.5M in award-based bonuses according to Buster Olney, Ken Davidoff, and Mark Feinsand. Because the Yankees have been keep tabs on the veteran left-hander’s health this offseason, the process was expedited and the deal is already official.
Pettitte, 40, pitched to a 2.87 ERA (3.48 FIP) in 12 starts and 75.1 innings in his return from retirement this year. He also posted excellent strikeout (8.24 K/9 and 22.8 K%), walk (2.51 BB/9 and 6.9 BB%), and ground ball (56.3%) rates. A hard-hit ground ball fractured his left ankle in late-June and cause him to miss almost three full months, though Pettitte did return in time to make three regular season tune-up starts and two postseason starts.
With Hiroki Kuroda (one-year, $15M) and now Pettitte both re-signed, the Yankees can move forward with their offseason plan knowing the rotation is well set. CC Sabathia will round out the top three while Phil Hughes backs them up as the four, then David Phelps and Ivan Nova figure to compete for the fifth starter’s spot in Spring Training. The Yankees are optimistic about re-signing Mariano Rivera this week as well, and once that’s completed they’ll know exactly how much money they have to address the right field, catcher, DH, and bench holes heading into the Winter Meetings next week.