Yankees interested in re-signing Freddy Garcia

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Now that the Yankees have CC Sabathia locked up long term they’ve turned their attention to re-signing Freddy Garcia, according to agent Peter Greenberg.

Greenberg told Mark Hale of the New York Post that “there’s definitely interest on their part and there’s interest on Freddy’s part in coming back.”

Garcia provided great value on a one-year, $1.5 million contract that also contained lots of incentives, throwing 147 innings with a 3.62 ERA and 96/45 K/BB ratio at age 34. It was his first sub-4.00 ERA since 2005.

If the Yankees aren’t able to re-sign Garcia before he hits the open market they’ll likely offer him arbitration to get a supplemental draft pick as compensation if he signs elsewhere. Garcia could simply accept the arbitration offer and force the Yankees into a one-year deal, but that seems unlikely considering he should have at least a few other suitors.