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.

Astros officially announce the Michael Brantley signing

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The Astros officially announced their signing of outfielder Michael Brantley to a two-year, $32 million deal.

Brantley, 31, played a mostly full season last year for the first time since 2015. He hit .309/.364/.468 with 17 home runs, 76 RBI, 89 runs scored, and 12 stolen bases in 631 plate appearances. He made the AL All-Star squad for the third time in his career.

As previously reported, the Astros plan to rotate Brantley between left field, first base, and DH.

Merry Christmas, Mr. Brantley.