• Andy Pettitte Signs With Yanks

    Posted by on January 26th, 2009 · Comments (27)

    Via the AP

    Andy Pettitte and the New York Yankees agreed Monday to a $5.5 million, one-year contract that brings the left-hander back to New York.

    Pettitte can make an additional $6.5 million on performance bonuses and bonuses based on time on the active roster.

    “There was never another team brought up,” Pettitte said during a conference call. “I wanted to come back to the Yankees.”

    Didn’t I say, if the Yankees offered Pettitte somewhere around $12 to $13 million, this would get done?

    Looks like $12 million was the magic number.

    A rotation of Sabathia, Wang, Pettitte, Burnett and Chamberlain. Now, that’s pretty darn impressive. No excuses this year, huh?

    Comments on Andy Pettitte Signs With Yanks

    1. shaked
      January 26th, 2009 | 5:59 pm

      $5.5 million guaranteed + $6.5 million in incentives != $12 million.

      Andy turned down $10 million guaranteed for a performance-based contract with only $5.5 million guaranteed. This is a big win for the Yanks no matter how you slice it.

    2. bfriley76
      January 26th, 2009 | 6:00 pm

      Yeah…I’m surprised about going for less guaranteed money, but it makes me think he must be feeling pretty good. I’d imagine he’d have to make it through pretty much the entire year to make more money than originally offered.

    3. January 26th, 2009 | 6:03 pm

      Trust me. Barring any locker room shower fights or the like, Andy will be paid $12 million this year. He’s durable – and I’m sure the incentive levels are very attainable for him.

    4. bfriley76
      January 26th, 2009 | 6:08 pm

      I guess I have a little more Ant in me than Grasshopper. Anything can happen during the year…especially to an aging pitcher. If it was me, I probably would have gone for the contract that guaranteed more money.

    5. January 26th, 2009 | 6:21 pm

      The bottom line is this buffoon cost himself a guaranteed $4.5 million by holding out this long. I guess Jesus left him a pint shy in the brains department.

    6. Corey
      January 26th, 2009 | 6:37 pm

      come on guys think about it…the yanks just got KILLED for spending all that money…they wanted pettitte and pettitte wanted at least 12, but if the yanks spent 12 they woulda got killed again. Now it “loooks like” they spent only 5.5 mill when really, as steve noted, they are spending 12. Do you really see them taking him off the roster in August/September?

    7. Corey
      January 26th, 2009 | 6:38 pm

      The bottom line is this buffoon cost himself a guaranteed $4.5 million by holding out this long. I guess Jesus left him a pint shy in the brains department.
      =—
      id say he made the right move, the yanks clearly wanted him bad and he will most likely make an extra 2 mill

    8. Corey
      January 26th, 2009 | 7:10 pm

      with a team this good…i can’t wait to see how A-Rod messes this season up :P

    9. butchie22
      January 26th, 2009 | 8:29 pm

      with a team this good…i can’t wait to see how A-Rod messes this season up quote by Cory

      Arod, won’t BUT AJ Burnit will! He will become the new Arod…..

      Good move for the Yanks and they got him at a decent price. Andy couldn’t go back to Houston since they are tight with payroll right now. As for the Dodgers, those Dolts in Chavez Ravine(Colletti and McCourt) wanted to pay Manny 20 plus when they have so many holes including pitching. PLUS, I never saw Hollywood laying out that type of money for Pettitte when they have to shoot their load with Manny.

    10. mosely23
      January 26th, 2009 | 9:09 pm

      Good job by Cash. Pettite deserved to pitch at the new stadium and this deal served both the team’s and Andy’s interests.

    11. thenewguy
      January 26th, 2009 | 10:11 pm

      A rotation of Sabathia, Wang, Pettitte, Burnett and Chamberlain. Now, that’s pretty darn impressive. No excuses this year, huh?
      ——————–

      So Steve, does that mean you actually approve of the job Cashman does? Because I don’t want you to waffle on this one down the road.

    12. January 26th, 2009 | 11:28 pm

      Cashman’s job? The Yankees pitching staff has nothing to do with the work of Brian Cashman. It has everything to do with the Steinbrenner family checkbook.

      A 13-year old with a copy of The Sporting News Fantasy Baseball Yearbook could have signed Sabathia and Burnett…with the money that Hal and Hank allowed.

      And, thanks to collusion, Pettitte fell into Cashman’s lap for a song.

      If anything, Cashman is lucky that he works for the Steinbrenners and that the economy is so bad.

    13. Evan3457
      January 27th, 2009 | 12:03 am

      Collusion?

      I guess the market crash and recession are just figments of our imagination.

    14. January 27th, 2009 | 12:11 am

      I was out of work from June to October. Trust me, I know about the economic downturn. That said, I think the owners are using that reality way, way, too much to their advantage now. Just watch, the MLBPA will file something on this…when you have guys with numbers like Abreu and Garland not getting squat in terms of offers. Well, something is up.

    15. thenewguy
      January 27th, 2009 | 1:02 am

      Cashman’s job? The Yankees pitching staff has nothing to do with the work of Brian Cashman. It has everything to do with the Steinbrenner family checkbook.
      —————–

      So right there you are saying there is no Cashman can ever do a good job, because it’s always the money doing the talking. Then why do you even bother to critique Cashman anymore if there is no way he can do anything positive. Jeez Steve, at least TRY to be fair.

    16. Raf
      January 27th, 2009 | 8:09 am

      when you have guys with numbers like Abreu and Garland not getting squat in terms of offers. Well, something is up.
      ———-
      That has less to do with collusion than GM’s wising up. Garland isn’t that good, and Abreu is a DH who wants to play the field. Having said that, once Manny signs, Abreu & Dunn will fall into line.

    17. Raf
      January 27th, 2009 | 8:16 am

      A 13-year old with a copy of The Sporting News Fantasy Baseball Yearbook could have signed Sabathia and Burnett…with the money that Hal and Hank allowed.
      ——————
      Care to discuss the success of other teams that have made forays into the FA market? Like when the O’s landed Tejada, Lopez, Palmiero among others? Or when the Dodgers landed Kevin Brown? Or when the Mets signed Vince Coleman, Eddie Murray, Willie Randolph and traded for Bret Saberhagen?

    18. January 27th, 2009 | 8:24 am

      “when you have guys with numbers like Abreu and Garland not getting squat in terms of offers. Well, something is up.”

      something is up, alright.

      how about Jon Garland isnt anywhere near as good as what his agent is asking for, and that noone wants to give Abreu a year year contract when he’s already in his mid-30′s?

    19. January 27th, 2009 | 8:30 am

      That has less to do with collusion than GM’s wising up.
      ==========================
      I don’t know if I buy the collusion thing (though I certainly wouldn’t be shocked if that were the case), this wising up you speak of seems even more unlikely to me. In that, if the teams have found wisdom, they sure found it quickly. Seems to me there were plenty of stupid signings last year.

      Though, I admit I could be misremembering. All those offseasons are blending together.

    20. Raf
      January 27th, 2009 | 10:05 am

      In that, if the teams have found wisdom, they sure found it quickly.
      ————
      http://www.fangraphs.com/blogs/index.php/where-do-the-ofs-land

      “You know who can’t be happy about those deals (note: Milton Bradley & Pat Burrell), though? Bobby Abreu, and to a lesser extent, Adam Dunn. The ceiling has been firmly established for offense first corner outfielders (non-Manny Ramirez category), and it’s much lower than it has been in past seasons. There’s not going to be a Carlos Lee type deal out there for Dunn, and Abreu won’t be able to pull in J.D. Drew type money. They’re going to have to take dramatic pay cuts in order to find a team willing to employ them.

      The teams that were expected to be in the market for power bats were Tampa Bay, Oakland, Seattle, Anaheim, the Yankees, the Cubs, Atlanta, and maybe Washington. The Rays got Burrell, the A’s got Matt Holiday and Jason Giambi, the Mariners signed Russell Branyan, the Yankees signed Mark Teixeira, and the Cubs signed Bradley. That leaves the Angels, Nationals, and maybe the Mariners as teams who could potentially still be interested in a left-handed power hitter with questionable defense. ”

      As for Manny, I suspect teams are afraid of “Manny being Manny.” Not only that, realistically, what team can afford what he’s asking?

      http://www.fangraphs.com/blogs/index.php/abreu-overload

      “UZR takes park factors into account, so sure, even if you grant that it’s easer to field left in SafeCo than right in Yankee Stadium, we should still be able to compare these two with park biased stripped from the equation. Over the last three years Dewan has Abreu at -14 (32nd), -14 (32nd), and -24 (34th) while Ibanez was at +2 (16th), -25 (33rd), -18 (33rd). UZR puts Abreu worth -15.3, -4.2, and -25.2, and Ibanez worth -5.6, -20.8, and -12.6. Average that out, and factor in the arms ratings and Abreu is worth about eight runs less than Ibanez.

      Offensively Abreu has been 19 (park adjusted) runs better over the last three years, which means about 11 runs better overall, or one win. So yeah, Abreu is the better player, but the Ibanez move was ridiculous on its own, that does not mean some team should sign Abreu and throw him in the outfield. If we use the poor moves to judge all players then we should go ahead and campaign Juan Uribe in for a multiple year deal, after all, Willie Bloomquist and Aaron Miles got one apiece.”

    21. Raf
      January 27th, 2009 | 10:09 am

      And more importantly, you can’t talk collusion when teams are spending actually money. Just because teams aren’t going to sign Abreu, Dunn, Varitek, etc to stupid contracts, doesn’t mean that the league is colluding against them.

    22. Raf
      January 27th, 2009 | 10:20 am

      Angels Get Worse (An entry on the Angels acquiring Garland from the White Sox)

      http://ussmariner.com/2007/11/19/angels-get-worse/#comments

      “Despite his reputation, Garland is just a generic #4 starter. I’m not sure there’s a team in the AL that needed Jon Garland less than the Angels, who already have a quality rotation and some good young arms in the upper levels of their farm system.”

      “This is a nice move by Kenny Williams, giving his team a legitimate major league shortstop and selling high on Garland, who should be easily replaced by any one of the number of decent backend starters the White Sox didn’t have room for before this deal.”

    23. Raf
      January 27th, 2009 | 10:56 am

      A rotation of Sabathia, Wang, Pettitte, Burnett and Chamberlain. Now, that’s pretty darn impressive. No excuses this year, huh?
      ————–
      And if all 5 miss time with injury?

    24. Evan3457
      January 27th, 2009 | 11:23 am

      Just watch, the MLBPA will file something on this
      ==========
      I hope they do. I’d love to be the lawyer arguing the owners side who gets to say something like…”HEHHHH-LOWWWW, recession, remember? In a recession businesses cut back spending, especially on non-essential items.”

      =================================
      …when you have guys with numbers like Abreu and Garland not getting squat in terms of offers. Well, something is up.

      Garland is a career mediocrity, propped up by his defenses. I wouldn’t offer him more than $5 million a year, myself.

      Abreu USED TO BE a star. His numbers last season were illusory in my opinion. He did very little while the Yanks floundered through the 1st half, and his 2nd half salary drive did not impress me much, especially in view of his age, his overall decline in the last 3-4 years, and his defense-hackery.

      I wouldn’t offer Abreu any more than Burrell got, because although he is “better”, slightly, he’s also 3 years older, and is likely to decline significantly over the next several years.

      If showing sound judgement about the long-term value of players is “collusion”, then MLB should just declare bankruptcy and fold.

    25. butchie22
      January 27th, 2009 | 1:47 pm

      A rotation of Sabathia, Wang, Pettitte, Burnett and Chamberlain. Now, that’s pretty darn impressive. No excuses this year, huh?
      ————–
      And if all 5 miss time with injury? Quote by Raf

      Raf, I see your point BUT all five being injured might be a possibilty but surely not a probability. BUT I see that fraud, Burnit, on the DL at least once OR twice that’s for sure. CC pitched a ton last year , will it catch up to him this year? Will Wang make a full season without being on the DL? Who knows if Joba can stay away from the DL this year as well. All interesting questions and the rotation looks good on paper. My opinion is that at the very least two of these pitchers will be out at certain times during the season, so this might not be the rotation we see at the end of next season. Oh no……..here comes Sir Sidney again!

    26. Raf
      January 27th, 2009 | 2:22 pm

      The point is that the worst case scenario can happen, it doesn’t necessarily mean that they’re making excuses.

    27. June 14th, 2009 | 10:32 am

      [...] some may say that this is just Andy trying to make some money this season because he gets paid more for playing than sitting. But, I don’t see it that way. More so, Pettitte knows that Worm Killer Wang is in rough [...]

    Leave a reply

    You must be logged in to post a comment.