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The details on Pettitte’s deal

Posted by: Peter Abraham - Posted in Misc on Jan 27, 2009 Print This Post Print This Post | Email This Post Email This Post

Andy Pettitte’s deal (via the AP):

Base salary: $5.5 million.

Innings bonuses: $500,000 each for 150, 160 and 170 innings pitched and $750,000 each for 180, 190, 200 and 210 innings.

Roster bonuses: $100,000 for 120 days on the active 25-man roster, $200,000 for 130 days, $250,000 each for 140 and 150 days, and $400,000 each for 160, 170 and 180 days.

So if Pettitte throws 180 innings and stays on the roster all season, he’ll make $9.75 million. That seems pretty reasonable.

The upside of this tremendous for the Yankees. It’s reasonable to expect that their rotation as it stands can give them 925+ innings. This allows them to skip Joba Chamberlain if they want, give CC Sabathia or A.J. Burnett an extra day if they need it, etc.

 
 

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57 Responses to “The details on Pettitte’s deal”

  1. Patrick Bateman January 27th, 2009 at 12:12 am

    Safe bet that the Hendricks Brothers would never be my financial advisors.

  2. Rebecca--Optimist Prime--Staying to write the story January 27th, 2009 at 12:16 am

    Best rotation in baseball?

  3. pat January 27th, 2009 at 12:21 am

    Pete

    Borrow Curry’s copy, give us a page or 2 a day and save us $20. We’re in a recession ya know.

    More excerpts from Yankee Years:

    http://bats.blogs.nytimes.com/.....kee-years/

  4. tim boat January 27th, 2009 at 12:22 am

    A lot of those incentives are pretty attainable. He did throw 204 innings this past season and at least 210 innings the past 2 seasons. The roster bonuses are a joke too, of course he will get most of, if not all of those too, provided he stays off the DL most of this season. People can knock the Hendricks brothers but let’s look past the base salary and see the fine print here folks.

  5. tim boat January 27th, 2009 at 12:23 am

    and at least 210 innings the past 2 seasons

    correction – he threw at least 210 innings the past 3 seasons prior to 2008

  6. Patrick Bateman January 27th, 2009 at 12:26 am

    Fine print tells me that 10.5M guaranteed is better than 5.5M guaranteed.

  7. Brandon (CC/AJ/Marky Mark..Sheets ?) Now batting #6 Alex Rodriguez January 27th, 2009 at 12:28 am

    If healthy (knock on wood) the best rotation in baseball. With 4 out of the 5 having not hit thier peak yet.

    All credit to Cashmoney for the showdown w/ Andy to get that deal that’s what great GMs do. Andy is now the #5 SP and Joba can have a #4 start skipped every few weeks.

  8. Matt BU January 27th, 2009 at 12:32 am

    Did single game tickets go on sale yet and if not when do they?

  9. Rebecca--Optimist Prime--Staying to write the story January 27th, 2009 at 12:38 am

    Matt: Not yet, but you can buy SG tickets off of Stubhub and Ebay.

  10. Ryan January 27th, 2009 at 12:42 am

    Even if you don’t like tennis, Roddick and Djokovic are battling in the semis in 120 F heat.

  11. Sal Cipriano January 27th, 2009 at 12:44 am

    I agree, Rebecca, if that’s not the best, it’s in the top three. And the other two may be in the AL East as well!

    And this is a great deal, and easily attainable (hopefully) for Pettitte. I think everyone’s happy.

  12. Betsy January 27th, 2009 at 12:51 am

    Gee Joe, think this won’t get back to Randy Johnson? You’re going to have to face him a LOT this year………how dumb is Joe for revealing this stuff while still an active manager?

    His comments about Knoblauch are uncalled for. I really do not see the need for revealing every player’s insecurities or fragilities. Poor Chuck left baseball permanently because of his yips

    Joe had Pavano join his teammates on a trip so that the teammates could harass him? WTF is up with Joe? I despise Pavano, but I’m not a big league manager. Ugh.

    This is really pathetic – Joe could not sink lower in my estimation

  13. jake January 27th, 2009 at 12:58 am

    Re-signing Pettitte was the best move for the Yanks to make. He’s a perfect fit for the role, and better than any of the alternatives would have been.
    I never could understand all the negativity about Pettitte. I never saw an interview with him wherein he said that “the money doesn’t matter at all.”
    I’m happy and proud to call myself a Yankees’ fan. But I’ve gotta say that some of my fellow fans embarrass me with their sense of entitlement.
    Pettitte kept his word. He said “the Yankees or retirement.”
    Andy’s going to go 15-10 in 2009, with an ERA of 4.27 over 203 innings. He will be as good as anyone has a right to expect. Mark it down.

  14. Baja January 27th, 2009 at 1:00 am

    I’m OK with Torre ordering the Code Red on Pavano.

  15. Brandon (CC/AJ/Marky Mark..Sheets ?) Now batting #6 Alex Rodriguez January 27th, 2009 at 1:03 am

    ‘He’s a perfect fit for the role, and better than any of the alternatives would have been.’

    I don’t think he would have been better than Sheets and Oli Perez the only problem here is they want multi yr. deals , Yanks clearly want short term for the back end.

  16. Tseng January 27th, 2009 at 1:09 am

    I love tennis. I’m watching the match right now. They’ve gotta tweak the rules. I don’t like what Djokovic is doing with the treatment at all.

  17. Jones January 27th, 2009 at 1:10 am

    READ THIS FOR PROOF THAT CASHMAN IS THE REASON WE LOST IT

    “When Williams wanted to return to the Yankees two years ago, Torre contended that he could be an effective reserve. Cashman, though, preferred a reserve platoon of Doug Mientkiewicz and Josh Phelps over Williams. In addition, Cashman might have thought that Torre, who was loyal to veteran players, would use Williams in center field at the expense of the younger Melky Cabrera.”

    CASHMAN, YOU, SIR, ARE AN IDIOT. YOU ARE THE REASON WE HAVE NOT WON SINCE 2000.

  18. Brandon (CC/AJ/Marky Mark..Sheets ?) Now batting #6 Alex Rodriguez January 27th, 2009 at 1:15 am

    LOL …no comments for Jones :lol:

  19. kd January 27th, 2009 at 1:16 am

    tsenf, i totally agree. novak got away with something there. although, it’s unlikely that andy doesn’t win

  20. Al from BK(18 days til Spring Training!) January 27th, 2009 at 1:18 am

    “Best rotation in baseball?”

    Without a doubt.

  21. Tseng January 27th, 2009 at 1:31 am

    I may be biased because I don’t like the way Djokovic plays and who he is as a person. He’s got a lot of game though, though apparently it’s not so good in the heat.

  22. rifalcon42 January 27th, 2009 at 1:34 am

    this copied and pasted from what pete stated cashman said about further moves!

    ” Cashman said not to expect any more significant moves.”

    didnt he say that BEFORE and AFTER the tex signing as well???? im hoping we can go and sign sheets for 3-4 mill and have what could be the greatest rotation ever! i mean after signing pettitte that his cost HAS to be below 6 mil! make in incentive laden and if he does get hurt, THEN we pull up hughes! we can also put joba in bp as #1 setup, which is where he belongs imho

  23. Brandon (CC/AJ/Marky Mark..Sheets ?) Now batting #6 Alex Rodriguez January 27th, 2009 at 1:39 am

    Joba’s a SP end of story.

  24. rifalcon42 January 27th, 2009 at 1:39 am

    “CASHMAN, YOU, SIR, ARE AN IDIOT. YOU ARE THE REASON WE HAVE NOT WON SINCE 2000.”

    my sentiments exactly! it was stupid trades like lilly for weaver and bad signings like pavano, igawa, and (dont mind me, im drunk and cant think of that overrated and over th e hill scrub from san diego) that killed us over the years1 and anyone can say what they want about torre after the whole book deal, but things start w cash and the way he has gone about business! this year aside, but really! a monkey could have made the moves he has made this off season!

  25. rifalcon42 January 27th, 2009 at 1:42 am

    “Joba’s a SP end of story.”

    dont get me wrong, he has the talent to be the next rc (minus the hgh, ALLEGEDLY) lmao… but im not sold on him being able to take the toll physically tho… and just think how deep our pitching would be( which is key to a championship) if we made that move!

  26. J-Dawg--Veintisiete en... let's try '09! January 27th, 2009 at 1:47 am

    It took some extra time, but the Yankees have the perfect fit for the other spot in the rotation. At least Pettitte will be able to now achieve his goal of pitching in the new stadium.

    And Roddick’s conditioning before the Australian has REALLY paid off. He showed no signs of wilting in the heat. On the other hand, Djokovic looked like a punch-drunk boxer at the start of the third set.

  27. Brandon (CC/AJ/Marky Mark..Sheets ?) Now batting #6 Alex Rodriguez January 27th, 2009 at 1:48 am

    “dont get me wrong, he has the talent to be the next rc (minus the hgh, ALLEGEDLY) lmao… but im not sold on him being able to take the toll physically tho… and just think how deep our pitching would be( which is key to a championship) if we made that move!”

    This wouldn’t even be in question if not for an innings cap, please start making sense man…your the type of person that probably would have had CC Sabathia stay in the BP or Johan Santana or even John Smoltz. There are other BP options, he will be in the rotation for the majority of his career and his injury last season was because of the spill on his shoulder after he ducked a fastball from Pudge.

  28. Tseng January 27th, 2009 at 1:51 am

    Novak was spent after the first set. I’m really confused as to how he could drop so quickly considering they were both running around about the same amount. All credit to Andy who I think is an immensely entertaining fellow, but I’m pulling for the Fed.

    Still, over 140 Fahrenheit on the court? Damn.

  29. Rebecca--Optimist Prime--Staying to write the story January 27th, 2009 at 1:53 am

    140 F on the court? o-o. I’m amazed the guys’ shoes didn’t catch fire.

  30. rifalcon42 January 27th, 2009 at 1:56 am

    “This wouldn’t even be in question if not for an innings cap, please start making sense man…your the type of person that probably would have had CC Sabathia stay in the BP or Johan Santana or even John Smoltz. There are other BP options, he will be in the rotation for the majority of his career and his injury last season was because of the spill on his shoulder after he ducked a fastball from Pudge.”

    first off, why dont you show a little respect for an opposing opinion rathe than mouthing off like an idiot??? you dont have to agree w me, i welcome that1 but lay off on the angry replies like your s%#T dont stink and you know it all… arrogance should have been the 8th sin, cuz this world is full of it!
    second, i agree there ARE other bp options but you can NEVER have enough pitching depth

  31. rifalcon42 January 27th, 2009 at 1:57 am

    if you DID know half as much as you may think you know, you wouldnt be up blogging like me at 2am

  32. Brandon (CC/AJ/Marky Mark..Sheets ?) Now batting #6 Alex Rodriguez January 27th, 2009 at 2:04 am

    “first off, why dont you show a little respect for an opposing opinion rathe than mouthing off like an idiot??? you dont have to agree w me, i welcome that1 but lay off on the angry replies like your s%#T dont stink and you know it all… arrogance should have been the 8th sin, cuz this world is full of it!
    second, i agree there ARE other bp options but you can NEVER have enough pitching depth”

    And no one cursed at you either which is against board policy rather than continue this junk I bid you a goodnight w/ your Mike Francesa like explanations.

  33. no.27 January 27th, 2009 at 2:09 am

    “His comments about Knoblauch are uncalled for. I really do not see the need for revealing every player’s insecurities or fragilities. Poor Chuck left baseball permanently because of his yips

    Joe had Pavano join his teammates on a trip so that the teammates could harass him? WTF is up with Joe? I despise Pavano, but I’m not a big league manager. Ugh.”

    All he said about Knoblauch was that one of the things he had to deal with as manager was Chuck’s insecurities. The same passage also mentions Paul O’Neill’s intensity and Tino’s self critical nature. All he’s saying is that there is a misconception that there weren’t any problems to manage during the championship run. What’s wrong with that?

    And Torre was mean to Pavano? What a dbag! He wanted to pick his own coaches? Unbelievable! He thinks he deserved a chance to negotiate for a 2 year deal after managing the Yankees to 12 straight playoffs, 6 pennants, and 4 championships? Kill him!

  34. Al from BK(18 days til Spring Training!) January 27th, 2009 at 2:09 am

    “we can also put joba in bp as #1 setup, which is where he belongs imho”

    Haha, no. Hes a starter always has been until 07 when the Yanks decided to throw him in the pen. He was on Michael Kay show a month ago saying how he wants to start how its his dream and that he is in the best shape of his life. Why would you want a kid with his talent, size and tenacity throwing 70 innings as opposed to 200? He had a sore shoulder and all of a sudden people wanna pull the plug! It happens hes a young pitcher he got sore so the Yanks played it safe and shut him down. Imagine if they would have thrown Nolan Ryan or Roger Clemens into the pen just because they got a stiff shoulder.

  35. rifalcon42 January 27th, 2009 at 2:21 am

    “Haha, no. Hes a starter always has been until 07 when the Yanks decided to throw him in the pen. He was on Michael Kay show a month ago saying how he wants to start how its his dream and that he is in the best shape of his life. Why would you want a kid with his talent, size and tenacity throwing 70 innings as opposed to 200? He had a sore shoulder and all of a sudden people wanna pull the plug! It happens hes a young pitcher he got sore so the Yanks played it safe and shut him down. Imagine if they would have thrown Nolan Ryan or Roger Clemens into the pen just because they got a stiff shoulder.”

    i really hope im wrong, believe me! i totally agree that more innings would be better, i just hope that it works out and if we could sign sheets and give him an innings limit, work him a little more than last year, we would have some serious depth this year and build him up for next year! btw, thank you for arguing my opinion in an intellegent way

  36. rifalcon42 January 27th, 2009 at 2:25 am

    brandon, im sorry if i hurt your feelings. i hope you can overcome that

  37. Al from BK(18 days til Spring Training!) January 27th, 2009 at 2:30 am

    “btw, thank you for arguing my opinion in an intellegent way”

    No problem man. I show respect as it is given and your posts were very solid. I am just an avid Joba is a starter guy.

  38. rifalcon42 January 27th, 2009 at 2:34 am

    No problem man. I show respect as it is given and your posts were very solid. I am just an avid Joba is a starter guy.

    thank you very much! im hoping to get tix for the yanks/ sox game end of march when i go doen there, i cant wait! ok, on that note im out.

  39. gianthinker (Sign Juan Cruz!!!) January 27th, 2009 at 4:59 am

    I wanted us to sign Ben Sheets instead of Pettitte all off-season but this is a great deal by Ca$hman any way you look at it. From $16MM to $10MM to $5.5MM? Great job Ca$h!

    Now we NEED to go sign Juan Cruz and we’ll have an elite bullpen as well. DO IT CA$HMAN! MAKE THE PUSH! GO FOR BROKE!

  40. Carmine January 27th, 2009 at 6:15 am

    I’m not a Juan Cruz fan. He got by with his disgustingly high walk rates in the NL west(around 6.0/9), but he won’t get away with that when he’s facing a lineup that has Pena and Longoria back to back or Pedroia and Youkilis.

    I love that I just cited Tampa as a scary team. It’s exciting.

  41. Carmine January 27th, 2009 at 6:17 am

    As a solution, I am a fan of trying Bruney as the set up. The guy’s always had electric stuff with bad control, but he turned that around last year, especially in the second half. He was definitely headed in the right direction as 2008 ended.

  42. MS January 27th, 2009 at 6:32 am

    Now put Hughes or Kennedy in the 5 spot and secure that bullpen by addding Joba. I just don’t think Joba’s body holds up as a starter for 150 innings. We still would have a great starting rotation and we would rarely blow any games after the 6th inning. I know that I am counting on Burnet to be healthy, but I still believe Joba is our future closer.

  43. Doreen January 27th, 2009 at 7:02 am

    Being the stick in the mud that I can be, I would say this is POTENTIALLY the best rotation in baseball. I never like to count my chickens; everytime I do, by the end of the day, the count is off.

  44. gotta dream January 27th, 2009 at 7:44 am

    Gotta give Andy credit. Didn’t expect him to sign this type of contract. Was hoping for a younger pitcher, but he’s had similar stats to Lowe, and except for a few years, has always been healthy.

  45. rover January 27th, 2009 at 7:47 am

    This Joba argument seems ridiculous. He has the talent to be second coming of almost anyone. Seems to have the mental makeup to allow him to do be just that. You have to start Joba, the only thing that changes that is if in reality his body doesn’t permit that. The only method to determine his bodies ability is to simply start hime and then let fate determine the ending. The pen is plan B, and if that is where his body ends up putting him, that ain’t all bad. At the present moment I don’t believe there is a valid reasonable argument that says send him to the pen right now.

  46. Jay Waldman January 27th, 2009 at 7:59 am

    Teh Hendricks brothers screwed Andy. Andy should have been a MAN and steped up and said “Yo I want to pitch for the Yankees I’ll take the 10.5 million, stop f’ing around guys” But he didn’t. We have an incredible rotation and some decent depth now in case of injury. I don’t blame Cashman for the bernie thing because if it were up to Torre Bernie would stillbe our starting CF’er and God knows I Love Bernie but he threw like a 7th grade girl.

  47. JOJO January 27th, 2009 at 8:24 am

    Pettitte was actually the Yankees second best starter for most of the year last year. Around the 2/3 point of the season last year he came down with shoulder pain and finished poorly.

    On July 26, 2008 he was 12-7 with a 3.76 ERA. As late as Aug 20 he was 13-9 with a 4.17 ERA. What team wouldn’t die for those numbers from their number 4 or 5 starter? After Aug 20, he went 1-5.

    He definitely solidifies what has the makings for a dominant rotation.

  48. 86w183 January 27th, 2009 at 8:45 am

    Don’t blame the agents, Jay. It’s the player. Pettite admitted his pride was hurt when they first proposed a cut to $ 10 million. That pride cost hima lot of guaranteed money, but it was HIS decision.

    I bet Andy has an excellent season, maybe good enough to convince him to go for 2010. I would suggest he visit with Mussina a bit about how do make the mental and physical adjustments to pitching with less “stuff”.

    Nice to have the Joba debate back… I missed it! I agree with the notion that even a # 5 starter is more important than a set up man, but I have long wondered what the true medicals on Joba are. He had arm trouble in college and with the Yankees and I wouldn’t be so quick to shrug that off. Still, if they are certain he’ll hold up as a starter that’s where I’d have him.

    I like Juan Cruz… yes over the last two years he’s walked too many, but you still gotta like 101, 2.88. In 112 2/3 innings he’s walked 63 which is 5 per nine innings, but he’s struck out 158 which is 12.6 per nine which is awesome.

  49. Yankee U January 27th, 2009 at 8:49 am

    Since the Home opener is the 10th game of the year will the #5 starter open (Joba or Andy) or will someones turn be skipped so the #1 gut goes?

  50. 86w183 January 27th, 2009 at 8:50 am

    10-and-1, not 101 for Cruz’ record… sorry

  51. Yankee U January 27th, 2009 at 8:50 am

    I meant “guy” but in CC’s case “gut” may work too.

  52. 86w183 January 27th, 2009 at 8:53 am

    Assuming all are healthy you would expect # 5 to get skipped in the first go ’round which would put # 1 (CC) on the hill for the home opener. Joba would likely start one of the Cubs games under that scenario

  53. Fan Since 57 January 27th, 2009 at 9:03 am

    Pete,

    Please think about posting via Twitter, might open some more opportunities for you. Enjoy your work.

    TheFan

  54. Chris from NJ January 27th, 2009 at 9:16 am

    Joba is a lights out starter NOW, assuming he’s healthy. Hughes and friends aren’t there yet. That’s why Joba needs to be in the rotation, if and when Hughes can shut down the Red Sox like Joba did last season in Fenway, then we can talk. Also, if Kennedy has a strong start in AAA, trade him for a MLB ready OF prospect, that’s where we will need some help next season (2010).

  55. IS THIS THE YEAR? January 27th, 2009 at 9:44 am

    Welcome back andy!!! I’m ready for the ride…… any news on mo and posada?, and oh! leave joba in the rotation!!!

  56. Flavor Boy January 27th, 2009 at 11:46 am

    Yeah, um, I don’t think Joba had arm problems in college – if I recall correctly, it was his knee (leg?)

    You know, we should only use A-Rod as a pinch hitter – just think how great it would be to have that kind of power off of the bench! Using A-Rod off the bench would give us a fantastic bench player who not only can hit, but can also be plugged in at third or even short in the late innings! Plus he can pinch run!(was the sarcasm noticeable?)

    Joba starts. That’s it.

  57. Hep93 January 27th, 2009 at 12:52 pm

    So I’ve got a question. It’s late August and the 3rd game of the series against the Red Sox in the heat of a pennant race. Pettite is pitching through the 7th inning, which happens to be his 179th. Does he come in for the 8th and his $750K bonus?
    Then if he gives up a big one to Papi, was Joe just trying to help Andy cash in? How will innings bonuses play into the way a game plays out late in the season. And when Andy is asking to stay in a bit longer, that he feels fine, is he being motivated a bit by that dollar sign hanging over the brim of his pulled down cap?


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