The LoHud Yankees Blog

A New York Yankees blog by Chad Jennings and the staff of The Journal News

Pettitte takes $16 million, adding to total

Posted by: Peter Abraham - Posted in Misc on Dec 03, 2007 Print This Post Print This Post | Email This Post Email This Post

Just received an e-mail back from Randy Hendricks.

Andy Pettitte will play for his original $16 million next season. There are no options. He decided on Saturday, they talked it over on Sunday and now it’s done.

If you add it up, the Yankees have spent a ton of money this winter. A-Rod ($275 million), Rivera ($45 million), Posada ($52.4), Molina ($4 million), Abreu ($16 million) and now Pettitte ($16 million).

That’s $408.4 million not counting the $30 million Rodriguez could receive in bonus payments.

It’s not my money. But, damn, that’s a lot of scratch.

Alex’s deal is reportedly front-loaded at $32 million for the first three years. At the moment, I have their 2008 payroll at $200.6 million.

That assumes Cano and Wang would receive $4 million each. That $200.6 million figure accounts for only 16 players.

If they retain Vizcaino for $3 million and sign the other eight players for around the minimum, the Yankees are looking at a $207 million payroll.

Could they really add $20 million (at least) for Santana? That would involve increasing the payoll by nearly $50 million from last season.




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