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.

Yankees place Matt Holliday on the DL with a viral infection

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The Yankees announced a handful of roster moves on Wednesday, including placing DH Matt Holliday on the 10-day disabled list with a viral infection. The Yankees also recalled infielder Miguel Andujar from Triple-A Scranton/Wilkes-Barre and outrighted DH Chris Carter to Triple-A.

Holliday, 37, had been complaining about feeling fatigued and hadn’t played since Saturday. He told manager Joe Girardi, “It feels like someone zapped me of all my energy,” MLB.com’s Bryan Hoch reported.

Holliday is batting .262/.366/.511 with 15 home runs and 47 RBI in 276 plate appearances. The Yankees inked him to a one-year, $13 million contract in December.

Blue Jays sign Michael Saunders

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The Blue Jays have signed outfielder Michael Saunders to a minor-league deal, per a club announcement.

Saunders, of course, played for the Blue Jays in 2015 and 2016, putting up a line of .250/.336/.461 in 594 plate appearances. It was his good play in the first half of 2016, in fact, which earned him an All-Star spot and, presumably, made the Phillies think he was worth the $9 million deal they gave him over the offseason. That didn’t work out, as he hit .205/.257/.360 over 61 games and was released last week.

The Phillies will pay the rest of that $9 million. The Jays will see if he has anything in the tank to help them out.