Via mlb.com –
Right-hander Chan Ho Park, who pitched for the National League champion Phillies in 2009, announced early Monday that he has reached a one-year agreement with the World Series champion Yankees, according to Korea’s Yonhap News Agency.
Park, 36, a native of Korea, made the announcement at Park 61, a fitness center he opened in Seoul after last season, when he went 3-3 with a 4.43 ERA in 45 games, including seven starts, for the Phillies.
The press conference occurred after 1 a.m. ET. The Yankees have not made a formal announcement. The contract is reported to be for $1.2 million, with incentives that could net an extra $300,000, provided Park passes a physical.
MLB Network analyst Jon Heyman had reported that the Cubs, Rays and Yankees were possible destinations for Park.
Park is expected to pitch out of the Yankees’ bullpen.
Park will be 37-years old this season and has been a below league average pitcher in 7 of the last 8 seasons. How and why the Yankees found room for this signing within their “budget” is beyond me. Really, I’m speechless on this one. The only thing I can guess is…that they couldn’t talk Rich Monteleone into coming out of retirement and this was their next best move?