• CC Trades Opt For A One-Year Extension

    Posted by on October 31st, 2011 · Comments (6)

    Via MLB.com -

    CC Sabathia will remain in New York, the Yankees left-hander announced Monday evening on his Twitter account.

    Sabathia and the Yankees have agreed to a one-year, $25 million contract extension that includes a $5 million buyout, according to ESPN’s Buster Olney. His current contract now runs through 2016 with $122 million guaranteed. There also is a $25 million option for 2017.

    “Yankee fans, I’ll be here fighting for number 28 next year,” Sabathia posted on his personal Twitter feed, referring to the club’s quest for its 28th World Series title.

    Sabathia, 31, could have opted out of his contract, which would have allowed him to become a free agent. Instead, he returns to New York, where he has gone 59-23 with a 3.18 ERA.

    “Happy Halloween, everybody,” Sabathia posted in a video posted on Twitter. “I just wanted to be the first to let Yankees fans know that we agreed to a contract extension. I’ll be coming back in 2012. I want to thank the Steinbrenner family for making that happen. My goal the whole time was to be able to finish my career as a Yankee. Hopefully, I can do that. We seem like we got that accomplished today, so I look forward to seeing everybody out at the ballpark next year.”

    First the McRib comes back, and, now Sabathia. They say things come in three’s. What’s next?

    Comments on CC Trades Opt For A One-Year Extension

    1. Evan3457
      October 31st, 2011 | 9:37 pm

      $92 million for 4 years becomes $122 million for 5, with an option for a 6th at $25 million. Coulda been worse.

      Steve L. wrote:

      First the McRib comes back, and, now Sabathia. They say things come in three’s. What’s next?

      Well, obviously, #3 is either Brian Cashman…

      …or Steve Lombardi continuing on at the old stand.

    2. KPOcala
      October 31st, 2011 | 10:04 pm

      “…or Steve Lombardi continuing on at the old stand”

      I’ll second that.

      When I first read the headline I was sure that this was “trick”. Well done, Yanks!

      Steve, are you hinting that you may be in the GM mix? ;)

    3. redbug
      October 31st, 2011 | 10:14 pm

      I’ll 3rd that

    4. Raf
      November 1st, 2011 | 2:45 am

      Not bad. I wonder who the point man was on the contract.

      Mrs Sabathia may have given CC the ill grill when presented with the options of Detroit, Boston, Toronto or Texas :D

    5. Greg H.
      November 1st, 2011 | 10:53 am

      Raf wrote:

      Mrs Sabathia may have given CC the ill grill when presented with the options of Detroit, Boston, Toronto or Texas

      Mrs, S is definitely not to be trifled with. You may have hit the nail on the head.

    6. Evan3457
      November 1st, 2011 | 12:41 pm

      Evan3457 wrote:

      Steve L. wrote:

      First the McRib comes back, and, now Sabathia. They say things come in three’s. What’s next? Well, obviously, #3 is either Brian Cashman……or Steve Lombardi continuing on at the old stand.

      …and Cashman makes three. And Steve goes “adios”.

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