While finishing off the Rafael Soriano deal (and perhaps one with Andruw Jones), the Yankees also appear to have locked up three of their younger pitchers to new contracts ahead of the arbitration hearing dates.
Phil Hughes ($2.7 million), Joba Chamberlain ($1.4M) and Boone Logan ($1.2M) are all on the books now, according to SI’s Jon Heyman, and you’d have to say that’s a relative bargain in each case. For those who wonder why Joba – and pretty much any pitcher – would rather be a starter than a reliever, just take a look at which guy Chamberlain is closer to (Hughes or Logan) in terms of salary. Bottom line, a career as a reliever means always making less.
By the way, these three signings mean the Yankees are done with their arbitration-eligible players. The only other player was Sergio Mitre and he signed in December.