UPDATE: Pettitte deal confirmed at $11.75 million

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UPDATE:  The deal is now confirmed at $11.75M

Heyman tweets that the Yankees are about to sign Andy Pettitte to a one-year, $12 million deal (UPDATE: Joel Sherman says it’s actually $11.75m — we’ll see who’s right later).  The deal will be finalized today.  $12 million is about what he got last year once all of the incentives came due. Pettitte had previously rejected a $10 million offer.

Pettitte was 14-8 with a 4.16 ERA in 2009.  He went 4-0 in five postseason starts, with the
final win coming in Game 6 of the World Series. It has been widely reported that if the Yankees didn’t sign him this winter he was going to retire.

As for the deal itself: he was given a low base salary last year — $5.5 million.  In a lot of ways it seems like a $12 million, no-or-low incentives deal is something of a reward for him taking some risks last season.

The Yankees kicked ass in the playoffs. They are continuing to kick ass in the winter meetings.  It’s their world, and we’re all just living in it.

Marlins sign Sean Burnett to minor league deal

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Free agent reliever Sean Burnett signed a minor-league pact with the Marlins on Saturday. Per MLB.com’s Joe Frisaro, the left-hander is slated to begin the season in extended spring training and will work toward a role in the majors.

Burnett, 35, has not appeared in full-time role in MLB since 2012. He last pitched for a big league team in 2016, surfacing for 5 2/3 innings with the Nationals before returning to the minors. Despite signing a minor-league deal with the Phillies last spring, he failed to make the Opening Day roster and was released prior to the start of the season.

Complicating Burnett’s return is a slew of chronic elbow issues. The left-hander has dealt with everything from bone spurs to a torn UCL over the last six years, and will need to take things slowly in the minors before the Marlins consider adding him to the bullpen this season.