ESPN's Buster Olney is reporting that Andy Pettitte will return to the Yankees on a one-year contract with an option for 2008.

 

The Houston Chronicle says it's a $16 million contract with a player option for 2008. The Astros seemed to know this was coming when they attempted to trade for Jon Garland. According to the Chronicle, they did add $2 million to their one-year, $12 million offer, an especially preposterous figure given that Garland is due $22 million over two years. The Yankees aren't exactly getting an ace here -- in his final six seasons in New York, the only year in which he had an ERA under 3.99 was one in which he was limited to 22 starts -- but Pettitte is a better bet than Ted Lilly and Gil Meche, even before accounting for the fact that he didn't require a long-term commitment. The club may now seek to dump as much of Carl Pavano's contract as possible. Also, it seems quite likely that Scott Proctor will remain in the pen.

 

Per rotoworld.com

ESPN's Buster Olney is reporting that Andy Pettitte will return to the Yankees on a one-year contract with an option for 2008.

 

The Houston Chronicle says it's a $16 million contract with a player option for 2008. The Astros seemed to know this was coming when they attempted to trade for Jon Garland. According to the Chronicle, they did add $2 million to their one-year, $12 million offer, an especially preposterous figure given that Garland is due $22 million over two years. The Yankees aren't exactly getting an ace here -- in his final six seasons in New York, the only year in which he had an ERA under 3.99 was one in which he was limited to 22 starts -- but Pettitte is a better bet than Ted Lilly and Gil Meche, even before accounting for the fact that he didn't require a long-term commitment. The club may now seek to dump as much of Carl Pavano's contract as possible. Also, it seems quite likely that Scott Proctor will remain in the pen.

 

Per rotoworld.com

 

Maybe they will dump pavano on the marlins

wow, a guy with a 4.20 ERA gets paid more money then the 2006 marlins combines.

The Yankees are going to have any awesome rotation in 2007. Wang, Pettitte, Mussina, Johnson and Igawa. All the Yankees need to do is score some runs in the postseason and they will be all right. Let's Go Yankees!!

he was never good in Yankee Stadium, and he wasn't very good last year. he'll have 5+ ERA this season. stupid signing, i think.

 

 

 

 

not surpising, though.

I actually think this is a good signing , Pettite put up good number during his first go around i see no reason why he wont put up decent numbers this time besides he is an upgrade albeit an expensive one over Jared Wright that said i still dont see a bona fide ace on the Yankees which is why for the last few years they get bounced out of the playoffs early

So much for that Carlos Lee signing

I'm actually pretty surprised that Petitte left Houston.

Happy Days Once Again in the Bronx

the near garland trade pretty much sealed this.

 

 

houston is moving in a different direction and frankly I wouldnt pay 16 mil per for a pitcher in his 30s with a bad elbow.

 

not worth the risk.

 

 

but thanks for the contributions to the astros andy.

Good signing for a year.

 

Gives them depth and they don't come into the season relying on Pavano and Igawa to be rocks in the rotation.

and this may entice Clemens to come to NYY as well.

and this may entice Clemens to come to NYY as well.

 

 

yup i agree, i always knew andy would go out a yank.

Pettitte just took the Yanks to the cleaners.

yawn

 

 

 

next predictable signing.........

good signing by the yanks, he can handle the n.y. city preasure and will get them the big wins