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Tuesday, November 27, 2012

Pettitte returning to Yankees for one year at about $11M

And supposedly, Ichiro! has signed a one-year contract worth $5M plus incentives.

Andy Pettitte and the Yankees are finalizing an agreement for one year at about $11 million for him to return to the Yankees, and the team is optimistic it will have a deal with Mariano Rivera by the week’s end.

Pettitte decided within the last couple days he was going to return, and a deal whould be announced within a few days. He suggested at the end of the season that he would likely pitch again, but the Yankees hadn;t heard from him until the past couple days.

The Yankees’ moves to return two of their “Core Four” come right before next week’s winter meetings, and clears up their needs.

Pettitte gets a raise from the $2.5-million guarantee he made last year when he didn’t decide to pitch until spring training. He went 5-4 with a 2.87 ERA.

 

Repoz Posted: November 27, 2012 at 10:06 AM | 49 comment(s) Login to Bookmark
  Tags: yankees

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   1. GregD Posted: November 27, 2012 at 10:32 AM (#4310441)
Boy the Cashman Yankees aren't much fun to snark about, are they? Yankees make reasonable short-term deal with player who will likely be useful. News at eleven...
   2. Dock Ellis on Acid Posted: November 27, 2012 at 10:33 AM (#4310442)
Mariano is also expected to re-sign with the Yankees this week, for a little more than Pettitte.
   3. RoyalsRetro (AG#1F) Posted: November 27, 2012 at 10:44 AM (#4310451)
Ichiro has also re-signed - 1/$5 mill.
   4. SG Posted: November 27, 2012 at 10:46 AM (#4310455)
They're going to be the oldest team in MLB history, aren't they?

I'm cool with Ichiro for one year and $5M. Hopefully they can get a decent RHB or two to platoon with their all-lefty OF. I'm hoping for Scott Hairston if he can be had for one year.
   5. snapper (history's 42nd greatest monster) Posted: November 27, 2012 at 10:52 AM (#4310460)
They're going to be the oldest team in MLB history, aren't they?

But, on one year deals, who cares? If they implode, it's only one year gone, and you've got the money back to start over.
   6. Blastin Posted: November 27, 2012 at 10:52 AM (#4310461)
Yep. I would like some righty pop from somewhere. And shore Martin. Otherwise unless we make a big trade I'm cool.
   7. Random Transaction Generator Posted: November 27, 2012 at 10:54 AM (#4310462)
Ichiro has also re-signed - 1/$5 mill.


Well, I know I'm going to be cheering for at least one Yankee this season...
   8. Matt Clement of Alexandria Posted: November 27, 2012 at 10:54 AM (#4310464)
But, on one year deals, who care? If they implode, it's only one year gone, and you've got the money back to start over.
I mean, I think these are (annoyingly) good deals for the Yankees. But the one-year deals suggest they won't get the money back to start over - they'll get the money back to cut payroll by ~$30M and get under the luxury tax threshold.
   9. snapper (history's 42nd greatest monster) Posted: November 27, 2012 at 10:56 AM (#4310465)
I mean, I think these are (annoyingly) good deals for the Yankees. But the one-year deals suggest they won't get the money back to start over - they'll get the money back to cut payroll by ~$30M and get under the luxury tax threshold.

And then immediately go back to $200+M in 2015, if they need to.
   10. JJ1986 Posted: November 27, 2012 at 10:57 AM (#4310470)
“Core Four”


Since this was a reference to guys still being on the team, it should be "Core Three" now (or "Core Two" until Rivera signs).
   11. DKDC Posted: November 27, 2012 at 10:59 AM (#4310471)
I wish that these deals were longer term and for more money, but so far I’m pretty happy with the Yankee offseason.

The 2013 Yankees might still be pretty good, but the end is nigh.
   12. Jose Is The Most Absurd Thing on the Site Posted: November 27, 2012 at 11:02 AM (#4310476)
Until the Yankees actually cut their payroll I think expecting them to do so is a bit foolish. That they aren't spending money in a rash or misguided fashion doesn't mean they aren't going to break the bank if the situation requires it. They've got both the means and the will to spend.


The 2013 Yankees might still be pretty good, but the end is nigh.


Like it was in 2004 and 2005 and 2006 and 2007...

This is a smart organization with massive resources. They aren't going anywhere.
   13. Blastin Posted: November 27, 2012 at 11:02 AM (#4310478)
The end? I bet they roll the dice with young people in 2014 and then load up hard in 2015. They may not win like in 2009 but some dreadful spiral into last place is unlikely when they have been smart for a while.
   14. GregD Posted: November 27, 2012 at 11:05 AM (#4310480)
My wild-ass guess is that they'll be in the playoff hunt this year and then tank next year. And then pull The Onion and sign literally every free agent available in the offseason after 2014. How good that makes the 2015 Yankees, I have no idea.

What's interesting to me is that they've aligned their payroll goal--the toe tap below the threshold--with the team's obvious decline. They're going to have some serious dead weight around and 2014 or 2015 is the year to start over if you have to.
   15. Matt Clement of Alexandria Posted: November 27, 2012 at 11:06 AM (#4310482)
Until the Yankees actually cut their payroll I think expecting them to do so is a bit foolish.
The Yankees have been entirely explicit about their plans to get under the luxury tax threshold in 2014. You may doubt them, but I don't think it's foolish to take them at their word, especially when there's a clear financial logic and the team's moves in the last two seasons fit perfectly with the direction the club has embraced.

EDIT: I'm not talking about the "end" of the Yankees. Just a cut in payroll that probably only lasts a year.

And a citation from the Times - Yankees plan to cut payroll:
Hal Steinbrenner, the managing general partner of the team, confirmed Thursday that he wants the payroll to be cut by about $20 million, down to the critical threshold of $189 million, within two years.

“I’m looking at it as a goal, but my goals are normally considered a requirement,” Steinbrenner said while speaking to reporters in the lobby of George M. Steinbrenner Field, named after his father. “Is it a requirement with baseball that we be at 189? No, it’s not a requirement. But that is going to be the luxury tax threshold, and that’s where I want to be.”
One small correction to this piece is that it would actually take a little over $30M in cuts to get under the threshold, because the threshold calculation includes a variety of costs on top of the major league payroll. A good rule of thumb is that you need a major league payroll $12M under the luxury tax threshold. And if staying under is a priority, then you need to start the season well under the the threshold in order to have a little flexiblity in midseason. So I'd peg the Yankees at a goal of $170M for 2014, cutting about $40M off this year's payroll.
   16. SG Posted: November 27, 2012 at 11:20 AM (#4310495)
The 2013 Yankees might still be pretty good, but the end is nigh.


I think they're going to take their shot in 2013 and then hope some of their OF prospects show enough to be in play at some point in 2014. I do think they've been pretty clear that they will lower their payroll as MCoA shows and will take their lumps in 2014+ which will be easier to do if they make a good run next season. I also think there's a chance Hal Steinbrenner is at least considering selling the team and a lower payroll helps in that regard.

Whether or not any of their prospects are going to ever be good enough is the big question and they're all too far away to comfortably project as MLB starters, but they should have a better idea on Slade Heathcott, Mason Williams and Tyler Austin after 2013.

But yeah, they haven't built a new core to replace the core they've gotten way more out of than anyone could have reasonably expected and it may be about time for them to have a few down years.
   17. DKDC Posted: November 27, 2012 at 11:21 AM (#4310496)
Like it was in 2004 and 2005 and 2006 and 2007...


Well, if you said that after the 2007 season, you were kind of right. “The end” for the Yankees just mean missing the playoffs, and I think this iteration of the Yankees could easily miss for several years.

This 2012 team vs the 2007 team is significantly older, has significantly more money tied up in long term contracts to underperforming players, and has a looming payroll constraint (even if for only one year, it limits their ability to sign talent to long term contracts for two full years).

Plus, the MLB environment has changed. The Yankees ability to use their financial advantage to acquire talent in the amateur draft, international market, and free agency has been significantly eroded due to changes in MLB rules and the increasing tendency of other teams to lock up their own young talent.

I probably called “the end” of the Yankees many times over the years, but in the past it was more wishful thinking and I say it with much more conviction now.
   18. Rough Carrigan Posted: November 27, 2012 at 12:01 PM (#4310534)
I so dealy want him to get his ass kicked in 2013. The way he was praised to the skies for telling a fraction of the truth about his PED use still bugs me. I don't care much about PED use but the immediate media template of Andy the good guy was just ridiculous.
   19. Biff, highly-regarded young guy Posted: November 27, 2012 at 12:43 PM (#4310584)
I'm sure both Pettitte and Ichiro will continue to be good and defy their age, because it's the Yankees.
   20. RoyalsRetro (AG#1F) Posted: November 27, 2012 at 12:54 PM (#4310602)

I'm sure both Pettitte and Ichiro will continue to be good and defy their age, because it's the Yankees.


Are you accusing Mystique and Aura of being performance enhancing substances?
   21. Mayor Blomberg Posted: November 27, 2012 at 01:03 PM (#4310614)
I probably called “the end” of the Yankees many times over the years, but in the past it was more wishful thinking and I say it with much more conviction now.

Sounds like a man taking the pledge ....again.

   22. valuearbitrageur Posted: November 27, 2012 at 01:11 PM (#4310621)
I so dealy want him to get his ass kicked in 2013. The way he was praised to the skies for telling a fraction of the truth about his PED use still bugs me. I don't care much about PED use but the immediate media template of Andy the good guy was just ridiculous.


Damn him for being embarrassed over his placebo usage!
   23. jyjjy Posted: November 27, 2012 at 01:22 PM (#4310630)
I'm sure both Pettitte and Ichiro will continue to be good and defy their age, because it's the Yankees.
Can you explain this concept to A-Rod and Teixeira?
   24. GeoffB Posted: November 27, 2012 at 01:32 PM (#4310647)
I so dealy want him to get his ass kicked in 2013. The way he was praised to the skies for telling a fraction of the truth about his PED use still bugs me. I don't care much about PED use but the immediate media template of Andy the good guy was just ridiculous.


Just as much as I generally question the veracity of any baseball player's truth-telling in regard to PED use, I also question the veracity of the labelling of Pettitte's statements as "telling a fraction of the truth". His admitted usage may, in fact, be the extent of it. And no, monkeys are not flying out of my butt either, AFAIK.
   25. The Yankee Clapper Posted: November 27, 2012 at 01:35 PM (#4310651)
Glad to hear that Ichiro didn't sign with one of those teams full of ############# cocksuckers in the National League.

EDIT: I'm surprised by the Nanny's selectivity.
   26. Matt Clement of Alexandria Posted: November 27, 2012 at 01:38 PM (#4310653)
Just as much as I generally question the veracity of any baseball player's truth-telling in regard to PED use, I also question the veracity of the labelling of Pettitte's statements as "telling a fraction of the truth". His admitted usage may, in fact, be the extent of it.
The issue with Pettitte and his bizarre sanctification are the cascading series of lies that preceded his truth-telling moment.

I don't think his PED use was a big deal, and all things considered I'm happier when the media avoids hyperventilating over PED use. But I could do without the preening Honest Andy stuff when he obviously lied multiple times in the build-up to his testimony.
   27. GeoffB Posted: November 27, 2012 at 01:47 PM (#4310663)
Agreed.
   28. Bring Me the Head of Alfredo Griffin (Vlad) Posted: November 27, 2012 at 01:58 PM (#4310676)
The issue with Pettitte and his bizarre sanctification are the cascading series of lies that preceded his further lies, which continue to this day.


Fixed that for you.

If you know anybody who believe that Pettitte has come totally and completely clean about his PED usage, please let me know, because there's a bridge I'd love to sell them.

What's that saying? "Fool me once, shame on you. Fool me twice, shame on me. Fool me thrice, thank God I'm a sportswriter"...
   29. Steve N Posted: November 27, 2012 at 03:44 PM (#4310767)
I'm rooting for Pettite. Since the 80s I have been keeping track of the ugliest professional athlete. In the 80 Larry Byrd was the clear winner. After that Randy Johnson stepped in. Now Pettite is all I got. Any ideas for when he retires?
   30. You Know Nothing JT Snow (YR) Posted: November 27, 2012 at 04:00 PM (#4310779)
Larry Byrd?
   31. Bring Me the Head of Alfredo Griffin (Vlad) Posted: November 27, 2012 at 04:08 PM (#4310790)
Larry Byrd?


Yeah, I'm really not seeing that one, either.
   32. You Know Nothing JT Snow (YR) Posted: November 27, 2012 at 04:12 PM (#4310797)
I did enjoy his running rivalry with Magic Jackson.
   33. Randy Jones Posted: November 27, 2012 at 04:15 PM (#4310803)
I did enjoy his running rivalry with Magic Jackson.


I believe you mean Irvin "Majik" Jonsen.
   34. Fernigal McGunnigle has become a merry hat Posted: November 27, 2012 at 04:42 PM (#4310835)
I'm rooting for Pettite. Since the 80s I have been keeping track of the ugliest professional athlete. In the 80 Larry Byrd was the clear winner. After that Randy Johnson stepped in. Now Pettite is all I got. Any ideas for when he retires?


I know at least one person who thinks Pettite is very good looking, and he's not obviously hideous. More of an acquired taste. You can do better than him.

Poor Jack Wilson had for his entire career the least symmetrical face in MLB and, as facial symmetry is criteria #1 for beauty, he out-uglied Pettite by a good margin. Among active players, Aaron Harang is about as homely a guy as you could want. Jonathan Broxton is a nice fat guy who's not exactly a looker. And Bartolo Colon? He was not only beaten with the ugly stick, he fried it up and ate it afterwards. On the other end of the Body Mass Index spectrum is Dee Gordon, who is sort of charming now but who is going to look like Willie McGee when he's 38.

Then there's the special case of Kevin Youkilis, who isn't naturally hideous, but who with the proper combination of facial hair, sweat, and Angry Man expression can become the most grotesque creature on God's green earth.
   35. SG Posted: November 27, 2012 at 04:43 PM (#4310836)
Is Pettitte uglier than Vicente Padilla? Is anyone?
   36. Gonfalon Bubble Posted: November 27, 2012 at 04:43 PM (#4310837)
Since the 80s I have been keeping track of the ugliest professional athlete. In the 80 Larry Byrd was the clear winner.

When it's French Lick, you're not looking at the face.
   37. You Know Nothing JT Snow (YR) Posted: November 27, 2012 at 04:48 PM (#4310842)
Among active players, Aaron Harang is about as homely a guy as you could want.


GAH!
   38. Good cripple hitter Posted: November 27, 2012 at 04:49 PM (#4310843)
This conversation can not go on any longer without someone mentioning Julian Tavarez.
   39. Steve N Posted: November 27, 2012 at 04:56 PM (#4310853)
Lots of good choices to check out. I can't believe that folks don't think Larry Byrd (Bird?) was ugly. At teh very least aggressively plain.
   40. Steve N Posted: November 27, 2012 at 04:56 PM (#4310854)
Lots of good choices to check out. I can't believe that folks don't think Larry Byrd (Bird?) was ugly. At teh very least aggressively plain.
   41. Fernigal McGunnigle has become a merry hat Posted: November 27, 2012 at 05:08 PM (#4310879)
Is Pettitte uglier than Vicente Padilla? Is anyone?


He looks like a drunk frog!

I think that "aggressively plain" is a great description of the young Bird. As he's aged and added weight to his face (especially the end of his nose -- how does that happen?) he's slipped over that great divide into you ain't got no alibi levels of ugly.
   42. Bring Me the Head of Alfredo Griffin (Vlad) Posted: November 27, 2012 at 05:31 PM (#4310909)
I can't believe that folks don't think Larry Byrd (Bird?) was ugly. At teh very least aggressively plain.


He's not a male model or anything, but the worst-looking guy in professional sports? He just looked like a boring white guy from the midwest.
   43. Bring Me the Head of Alfredo Griffin (Vlad) Posted: November 27, 2012 at 05:39 PM (#4310917)
Also: No Jeff Karstens?
   44. Gonfalon Bubble Posted: November 27, 2012 at 06:43 PM (#4310985)
Mark Salas is an underrated baby-scarer. It looks like a regular face that got hit with continental drift. I like that this was for Chicago White Sox Photo Day; I wonder how he looks when he's not all gussied up.

Don Lock contemplates why his father Lee Marvin impregnated that giraffe.

Gates Brown looks like a horse's foot.

And of course, we'll always have The Mummy.
   45. Never Give an Inge (Dave) Posted: November 27, 2012 at 08:16 PM (#4311040)

Pettitte seems like a perfectly generic-looking white guy. Ditto for Bird during his playing days. He hasn't aged very well, but neither do a lot of athletes.
   46. FrankM Posted: November 27, 2012 at 09:21 PM (#4311071)
I was at the gym one day several years ago and some Yankee post-season game that Pettitte was pitching was on the TV. A couple of good-looking girls in their twenties wandered over to watch, and one of them said "Oooh, is that Andy Pettitte?", and they spent the next while salivating over him.

Si I dunno, Steve.
   47. Karl from NY Posted: November 27, 2012 at 09:56 PM (#4311082)
Mark Salas is an underrated baby-scarer. It looks like a regular face that got hit with continental drift.

That picture and comment had me laughing for several minutes.

And this thread is the first time I've ever heard Larry Bird's looks come up as any sort of issue.
   48. NJ in DC (Now with Wife!) Posted: November 28, 2012 at 09:04 AM (#4311209)
I was at the gym one day several years ago and some Yankee post-season game that Pettitte was pitching was on the TV. A couple of good-looking girls in their twenties wandered over to watch, and one of them said "Oooh, is that Andy Pettitte?", and they spent the next while salivating over him.

My mom thinks Andy Pettitte is incredibly attractive. She's always been a big fan of him and B.J. Armstrong.
   49. ThisElevatorIsDrivingMeUpTheWall Posted: November 28, 2012 at 10:13 AM (#4311253)
Yeah, my girlfriend works in the US District Court for DC and noted that many of the female employees were adjusting their schedules to see Pettitte arrive to testify in the Clemens perjury case. Maybe it's what they say about big noses...

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