Yankees, CC Sabathia agree to contract extension

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Well, here’s a surprise.

CC Sabathia just announced that he has agreed to a contract extension with the Yankees.

Most expected Sabathia would opt out of the remaining four years and $92 million on his contract and test free agency, but both sides worked hard to hammer out a new deal before tonight’s deadline.

As Buster Olney of ESPN.com reports, this essentially is a one-year contract extension. Sabathia will earn $25 million in 2016 while Ken Rosenthal of FOXSports.com hears that the contract includes a $25 million vesting option for 2017 or a $5 million buyout. The 31-year-old left-hander is now guaranteed $122 million over the next five years, or $24.4 million per year, which tops Cliff Lee ($24 million) for the highest average annual value for a pitcher.

UPDATE: Joel Sherman of the New York Post reports that the option for 2017 automatically vests unless Sabathia ends the 2016 season on the disabled list with a shoulder injury, spends more than 45 days on the disabled list in 2016 due to a shoulder injury or makes at least six relief appearances in 2016 due to shoulder issues.

UPDATE II: The Yankees are currently holding a conference call and have sent out a press release. This baby is official.

Red Sox Triple-A team to ban people named Tyler and Austin from stadium on May 5 and 6 as part of promotion

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The Pawtucket Red Sox, obviously the Triple-A affiliate of the Red Sox, have come up with an interesting promotion for the weekend of May 5 and 6, when they host the Yankees’ Triple-A team from Scranton/Wilkes-Barre.

This, of course, references last week’s benches-clearing fracas between the Red Sox and Yankees that involved Joe Kelly and Tyler Austin. Kelly slid hard into second base, which upset Brock Holt. The benches emptied as the two jawed at each other, but no punches were thrown. Later in the game, Kelly threw at Austin and the benches emptied again. Punches were thrown this time and both players were given suspensions.

The major league Red Sox visit the Yankees May 8-10. As far as we’re aware, people named Joe or Kelly are allowed to attend.