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Sabathia signs new deal with Yankees

Posted by: Chad Jennings - Posted in Misc on Oct 31, 2011 Print This Post Print This Post | Email This Post Email This Post

The Yankees have a conference call scheduled for later tonight. For now, here’s the AP.

NEW YORK (AP) — CC Sabathia is staying with the New York Yankees, agreeing Monday to a new deal that adds $30 million to his existing contract. Sabathia had until midnight to opt out of his current agreement, which had $92 million remaining over the next four years in $23 million annual salaries.

The new deal adds a $25 million salary for 2016 and gives the Yankees a $25 million option for 2017 with a $5 million buyout, a person familiar with the agreement told The Associated Press. The person spoke on condition of anonymity because the Yankees had not yet announced the deal.

The option becomes guaranteed if Sabathia does not end the 2016 season on the disabled list because of a left shoulder injury, does not spend more than 45 days of 2016 on the DL with a left shoulder injury or does not make six or more relief appearances in 2016 because of shoulder issues. He retains a hotel suite on trips, a no-trade provision and the right to buy tickets.

Sabathia agreed to a $161 million, seven-year deal with New York before the 2009 season. The 31-year-old left-hander has gone 59-23 with a 3.18 ERA during the regular season for New York

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68 Responses to “Sabathia signs new deal with Yankees”

  1. LockDown October 31st, 2011 at 8:14 pm

    Repost:

    CC down, 2 more issues to go.

    - Get Darvish

    - The 2014 rotation should be CC, Darvish, Nova, Banuelos, Betances…. that leaves plenty of pitchers in the system to trade…

    Target: Kemp. Cash needs to make it happen this off season.

    Also wouldn’t mind trading for Bryce Harper (for our future OF), who is a huge Yankees fan :D

  2. Joe from Long Island October 31st, 2011 at 8:18 pm

    gb ? no one ever accused reggie jackson of being modest. that i can accept. the one thing that bugs me is speaking ill of the dead. martin may not have been a saint, but he is unable to speak for himself, defend himself. even if martin is guilty as reggie is charging him, what purpose does it serve to bring it up now, other than to make reggie feel good? maybe it?s a reflection of jackson?s inner insecurity, that he feels he still has to bring it up and make his point. i don?t know.

    lockdown – what, phil hughes gets no love? ;) sorry, but i’m still a believer.

    cc staying in ny? hey, you gotta believe!

  3. mick October 31st, 2011 at 8:20 pm

    what purpose does it serve to bring it up now, other than to make reggie feel good?
    ===============
    uhhhh.the money?

  4. Nick in SF October 31st, 2011 at 8:20 pm

    The 2012 rotation was supposed to be CC, Joba, Hughes, CM Wang, and AJ. :oops:

    We’ll see how 2014 shakes out.

  5. tom tresh 15 October 31st, 2011 at 8:21 pm

    I wonder how it feels to be poor

  6. GreenBeret7 October 31st, 2011 at 8:23 pm

    Trisha, whenever you download music, disconnect from the internet or everytime you get a message, it cuts into the transfer and you ruin the music. I prefer using Real Player. Much easier and it’s a free download.

  7. Ghostwriter October 31st, 2011 at 8:23 pm

    This is great news! I’m pleased that Cashman got this one out of the way. Now, Cash can turn his attention to adding another pitcher to the rotation, and another outfield bat to the roster.

  8. Joe from Long Island October 31st, 2011 at 8:24 pm

    if reggie got paid for his interview with bob costas, then he gets paid for whatever he says, period. why do this?

    and if he does get extra cash for a juicy disclosure like that, well, i guess that’s what he needs to feel good about himself.

  9. Ghostwriter October 31st, 2011 at 8:24 pm

    Nick in SF October 31st, 2011 at 8:20 pm

    The 2012 rotation was supposed to be CC, Joba, Hughes, CM Wang, and AJ. :oops:

    We’ll see how 2014 shakes out.
    ======

    I wouldn’t mind seeing Cash make a run at bringing back Wang. Of course, it won’t happen, but I would like to see them take a chance on Wang all the same.

  10. LockDown October 31st, 2011 at 8:25 pm

    joe – I actually do like Hughes. I defended him much of the year. I do believe he’ll bounce back & have a good year, but I also have long term doubt with his velocity issues playing better in the bp. The fact that his velocity was up in the post (due to bp duties) might be telling.

    IMO the yankees should take a chance on Darvish & not let him pass because of the uncertainty with Hughes.

  11. thewanderer8 October 31st, 2011 at 8:26 pm

    Obviously I, along with every other Yankee fan, am glad to have CC back. Why is it, though, that this team always seems to pay well above fair market value for its players? Is there really another team that would give a 31 year old with over 2300 innings logged and two knee operations to his name this many years/dollars?

  12. PittsburghYankeeFan October 31st, 2011 at 8:26 pm

    Repost

    If the guy wanted to stay in NY (which he obviously did) logic dictated that if the offer was close enough, he would take it and reap the numerous rewards with NY for doing so. Unless he has a total collapse (unlikely), his legacy is now set and he gets numerous free passes for performance.

    Well done and well played by all. Joel Sherman is plugged in, and he never once said CC was opting out. Way to go CC. Took a bit less, just like Halladay.

    Over a si.com, do we get an apology from Heyman for so totally, completely, and obviously missing it? Does he have even the tiniest shred of credibility left in NY? Should he leave the Yankees beat, and is there anything that we as fans can do to make that happen? If he were a CEO, he’d resign in shame.

    So GB and other hardnosers, it looks like there are other things in baseball besides being a business. And yes, GB, you can still come boo me in Pittsburgh.

  13. Yankee Trader October 31st, 2011 at 8:27 pm

    From NY Post-Hale&King:

    CC Sabathia agreed to a contract extension Monday and will be staying with the Yankees.

    “Yankee fans, I’ll be here fighting for number 28 next year,” the pitcher announced on his Twitter account, referring to the team’s next World Series championship.

    The new contract is for five years, $122 million guaranteed, with the potential to become six years worth $142 million.

    The 31-year-old left-hander had until midnight to decide if he would opt out of the remaining four years and $92 million on his previous contract.

    “Happy Halloween, everybody. I just wanted to be the first to let Yankee fans know that we agreed to a contract extension. I’ll be coming back in 2012,” Sabathia said on a video he linked through Twitter.

    CC Sabathia-
    “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.

    “I look forward to seeing everybody out at the ballpark next year. Thanks.”

  14. LockDown October 31st, 2011 at 8:27 pm

    Nick in SF October 31st, 2011 at 8:20 pm

    The 2012 rotation was supposed to be CC, Joba, Hughes, CM Wang, and AJ. :oops:

    We’ll see how 2014 shakes out.
    ————-

    hmmmm… You do have a point. Wonder how it will all turn out :?

  15. GreenBeret7 October 31st, 2011 at 8:27 pm

    Joe In LI,

    It’s just me, but, I never cared for the Reggie BS…as a person or a player. I have always felt that he was the jerk that brought showboating into baseball and it seep into all of the other sports. Just act like you’ve been there before.

  16. Villa Nova-Ya October 31st, 2011 at 8:28 pm

    Lockdown -

    I quickly read your post, and though, she’s nuts! Then I saw 2014. LOL

    I’m not sold on Darvish, but I like the gist of it!

  17. Benny Blanco October 31st, 2011 at 8:28 pm

    Awesome news!!

  18. Bronx Jeers October 31st, 2011 at 8:28 pm

    I’m curious to see what Reggie has to say about Munson.

  19. Joe from Long Island October 31st, 2011 at 8:29 pm

    i would think that cash has a list of targets to acquire, based on the pro scouting meetings that were held last week. the advantage of picking up swish’s option is that it solidfies what he has in the bank – now, he can either use swish as a trade piece, or, if nothing pans out, he still has a capable rf in the fold. it puts cash in an comfortable position to deal from.

    like i learned a while ago, the best time to look for a job (or a trade) is when you don’t need a job (of don’t need to make a trade).

    i still think packaging swish with a young pitcher can net the yanks a big, big target. kemp, hamels, someone of that order.

  20. Ghostwriter October 31st, 2011 at 8:30 pm

    I’m pleased that CC didn’t actually opt out on his contract. It appears that this renegotiation was handled quite professionally by everyone involved.

  21. GreenBeret7 October 31st, 2011 at 8:31 pm

    I wonder if the Yankees try to re-sign Jones and go after Sizemore, then try to move Swisher for other needs. Platoon Jones and Sizemore between the 2 corners with Gardner the main left fielder.

  22. Yankee Trader October 31st, 2011 at 8:33 pm

    Ghostwriter

    Perfect name on Halloween!

    By Ben Nicholson-Smith [October 27, 2011 at 2:48pm CST] MLBTRs:

    •Adam Kilgore of the Washington Post hears from Alan Nero, the agent for Chien-Ming Wang, that a new deal between the right-hander and the Nationals is likely. The Nationals are Wang’s first choice and negotiations are “routine,” according to Nero. Washington GM Mike Rizzo confirmed yesterday that the sides are working toward a new contract.

  23. Ghostwriter October 31st, 2011 at 8:33 pm

    Joe from Long Island October 31st, 2011 at 8:29 pm

    i would think that cash has a list of targets to acquire, based on the pro scouting meetings that were held last week. the advantage of picking up swish’s option is that it solidfies what he has in the bank – now, he can either use swish as a trade piece, or, if nothing pans out, he still has a capable rf in the fold. it puts cash in an comfortable position to deal from.

    like i learned a while ago, the best time to look for a job (or a trade) is when you don’t need a job (of don’t need to make a trade).

    i still think packaging swish with a young pitcher can net the yanks a big, big target. kemp, hamels, someone of that order.
    ==========================

    Those meetings last week seemed awfully brief to me. I wonder if they’re planning any substantive changes to the roster. It’s pretty impressive how quickly Cashman seems to be moving on settling the Yanks’ off-season business.

  24. Joe from Long Island October 31st, 2011 at 8:34 pm

    lockdown – thanks for getting back to me. agreed about hughes. while i’m leery of japanese pitchers, based on irabu, igawa, and dicek, i have to admit that i’m intrigued by darvish.

    gb – “act like you’ve been there before”. that goes well in a lot of things.

    i’ve never been into self promotion. i always thought the best self promotion was doing well, staying quiet, and letting your deeds speak for you. i know, i’m a 20th century person.

  25. yankeefeminista October 31st, 2011 at 8:35 pm

    C!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  26. Joe from Long Island October 31st, 2011 at 8:41 pm

    ghostwriter – i tend to favor simplicity. if you know what you need, then just set a plan to get it done.

    if you strip away all the drama here on the blog, some real issues with the team were identified. my feeling is, if we amateurs can see certain things, then so can cash and the team.

    i have to think swish is a placeholder. a capable ballplayer, who can put up some good numbers, and get some big hits now and then, but a placeholder nonetheless. cash has admitted the yankees are big game hunters. i’m thinking kemp, upton, someone like that. maybe holliday, after they sign pujols for a gazillion dollars. cash will never admit publicly he’s checking any one player’s availabililty, but i have to think he’s very quietly doing that.

  27. Yankee Trader October 31st, 2011 at 8:44 pm

    GB-

    Looking at Sizemore’s splits from 2008 thru 2010 and his 2011 season. He has a career BA .269 and .357 OB%. From 2008-2010 that average dipped to .234 and OBA to .314. Last year at .224 and .285.

    Will he get more than a minor league invite? Looks to be a shell of his former self.

  28. bruceb October 31st, 2011 at 8:45 pm

    A satisfactory outcome for both the Yankees and CC I would suggest. I’m very glad to hear that, in the end, CC decided not to opt out and showed some loyalty to the organization, albeit with a handsome pay rise! Let’s hope that he earns it by leading us to another World Championship or two.

  29. DocTodd October 31st, 2011 at 8:48 pm

    GreenBeret is seeing the light?? Dump Swisher for Jones and Sizemore….Now you are talking!!!

  30. Yogi Mantle October 31st, 2011 at 8:49 pm

    Being that CC had signed the extension, and did not opt out, it seems to me that he kept his word.

    He honored his contract, and while it was being talked about for him using his opt out, which he did to a point, it was only to get more time with the club. He used leverage, but didn’t leave, didn’t opt out for a whole new deal worth even more per year, or try FA and see about raising the bidding. This despite the Rangers trying to get him to think about them being in the hunt.

    I think he and the Yankees both win with this. He used the opt out to push for an extension, but he never actually opted out of the contract. It is a good deal for him and a big help for the Yankee off season.

    I guess the talk from those with “knowledge” who were saying that CC had a problem with Girardi and the Yankees didn’t have any knowledge. What a surprise.

  31. Yankee Trader October 31st, 2011 at 8:49 pm

    I still think packaging swish with a young pitcher can net the yanks a big, big target. kemp, hamels, someone of that order.
    —————————————–
    It won’t be Kemp who reportedly wants to test FA.

    If the Dodgers attempt to lock Matt Kemp up to an extension this offseason, they shouldn’t expect much of a hometown discount. Kemp’s agent, Dave Stewart, told Dylan Hernandez of the LA Times that the center fielder cares about more than winning and team chemistry.

    “It’s also important for him to be seen by his peers as one of the best,” Stewart said. “This isn’t Matt saying this, this is me saying this … but, unfortunately, the way these things are seen is often based on how you’re paid.”

  32. Patrick October 31st, 2011 at 8:49 pm

    This is a great deal for the Yankees, I’m glad he’s staying with us. He probably could have gotten ~$20 million more on the open market. I guess it speaks to how much he wants to stay with the Yankees.

  33. longtimefan October 31st, 2011 at 8:49 pm

    IMO, CC came into season lighter and in shape, as the year went on weight went up at 23 mill didn’t really finish strong, if that is his work ethic, do we really think it will be any better at 25 mill, I don’t.

  34. Chase October 31st, 2011 at 8:49 pm

    I REALLY want Darvish.

    So badly.

  35. umbrelladoc October 31st, 2011 at 8:52 pm

    Much respect for CC. Good move all around for him. Avoids backlash and additional pressure from fans if he opted out, takes responsible advantage of his buyout option. If he and his family are happy here, no reason to get piggish. This was everything Arod’s opt out was not.

  36. Joe from Long Island October 31st, 2011 at 8:53 pm

    trader, this is why i think the dodgers will look to deal him.

    now, cash has said in the past that he doesn’t like to pay twice – both talent and money. so, that particular deal may not be in the card this offseason. maybe. still think that swish would be attractive as a good player on a reasonable contract.

    we will see.

  37. Yankee Trader October 31st, 2011 at 8:55 pm

    Is offering Garcia arbitration the next item on Cashman’s agenda?

  38. GreenBeret7 October 31st, 2011 at 8:59 pm

    I didn’t say I wanted Sizemore. I asked if Cashman might think about it. Neither Jones nor Sizemore would be for more than a year-to year deal, just like Swisher is. all the yanks need is something to hold a spot until the 2012 FAs hit the market. Kemp, if he repeats anything close to 2011 would be making a run at. If he has a repeat of 2010, run the other way.

  39. Yankee Trader October 31st, 2011 at 8:59 pm

    Joe-

    I think the Dodgers might look to trade Kemp, but at the deadline, not now. Too much uncertainty as to who will own the Dodgers.

  40. GreenBeret7 October 31st, 2011 at 9:03 pm

    Would Colette take two of the Scranton starters not including Banuelos and Betances along with Swisher and Joseph or Laird for a one year rental on Kemp and allow a 72 hour window to extend him.

  41. blake October 31st, 2011 at 9:03 pm

    a lot of what made Sizemore great was his 30/30 potential….a lot of that is gone with the leg injuries now. I still think he has enough time to have a good second act to his career if he could ever get healthy…..however for a contending team like the Yankees it’s too much risk to think about giving him an every day job. I’d love to bring him on though and see what happened.

  42. DocTodd October 31st, 2011 at 9:04 pm

    Glad the CC issue is already resolved, now Cashman can work on other stuff…

  43. djsunyc October 31st, 2011 at 9:04 pm

    Chase October 31st, 2011 at 8:49 pm
    I REALLY want Darvish.

    So badly.

    ———

    may i suggest japancupid.com :)

  44. blake October 31st, 2011 at 9:06 pm

    “would Colette take two of the Scranton starters not including Banuelos and Betances along with Swisher and Joseph or Laird for a one year rental on Kemp and allow a 72 hour window to extend him”

    I don’t think so….maybe at the dealine but even then I think it would take a top guy as a centerpiece due to the competition there would be for his services. If Kemp is made available then a ton of teams will have interest…..

  45. Jackson October 31st, 2011 at 9:06 pm

    Great news on CC. He’ll continue to be that veteran voice for the youngsters down the road.

  46. LGY October 31st, 2011 at 9:07 pm

    Would Colette take two of the Scranton starters not including Banuelos and Betances along with Swisher and Joseph or Laird for a one year rental on Kemp and allow a 72 hour window to extend him.

    ——–

    Why would he?

  47. LGY October 31st, 2011 at 9:08 pm

    @ESPNNYYankees: In other yankee news, Brian Cashman’s deal “is done,” according to a source. Don;t know when official announcement is coming

  48. blake October 31st, 2011 at 9:08 pm

    Joelsherman1 Joel Sherman
    #Yankees (Sabathia) and #Mets (move in fences) both announced their major moves for offseason today #forgetreyes
    37 minutes ago

  49. Joe from Long Island October 31st, 2011 at 9:11 pm

    blake – ah, there’s the rub. this is where you check out the medicals even more than the scouting reports.

    gb – that’s kind of how i was thinking.

    and, mrs. joe, is of the opinion that jackson is just answering the question truthfully (?). whether someone is dead or not does not impact on the truth. we have some interesting discussions, on a number of things.

  50. Joe from Long Island October 31st, 2011 at 9:13 pm

    lgy – because he values those players more than a couple of unknown draft picks, who might play in the majors in 3 or 4 or 5 years.

  51. RS October 31st, 2011 at 9:13 pm

    The Yankees did well with this extension. Yes, Sabathia gets paid $25 mil at age 37 (or if he has a shoulder injury, 5 mil buyout). Comparatively, Cliff Lee will be making $26.5 mil at age 37, with a $12.5 mil (!) buyout.

  52. blake October 31st, 2011 at 9:14 pm

    “because he values those players more than a couple of unknown draft picks, who might play in the majors in 3 or 4 or 5 years.”

    maybe but if Kemp is made available then somebody will offer a top prospect for a year of him with hopes of an extension…..I don’t see anybody getting him for second tier guys. The Mets got the giants best pitching prospect for a couple months of Beltran…..Kemp has much more value

  53. blake October 31st, 2011 at 9:16 pm

    At the end of CC’s guaranteed years…..he will be about the same age as the guy that was just the difference maker in the WS this year (Carpenter)….

  54. Yankee Trader October 31st, 2011 at 9:19 pm

    GB-

    If Kuroda resigns the Dodgers main needs are on offense. Replacement for Loney@1st? A 3rd baseman, LF’er and catcher.
    If they trade Kemp I would think they’ll want more major league ready offensive players. Would you include Montero if the Yankees were granted an extension on Kemp?

    I wouldn’t.

    BTW isn’t Juan Rivera a FA? Would he be a decent bench player if Andruw Jones finds a full time job elsewhere?

  55. GreenBeret7 October 31st, 2011 at 9:19 pm

    If the CBA gets knocked down to just one draft pick or even with a sandwich pick, that’s all the Dodgers get. They need pitching and they need infield help. They also get Swisher, who will also bring 1 or 2 draft picks. a year with Mattingly can only help those hitters.

  56. Niki October 31st, 2011 at 9:19 pm

    Good for CC. I give him a lot of credit. Glad this is already taken care of.

  57. LGY October 31st, 2011 at 9:19 pm

    The Dodgers would be downgrading RF next year in order to obtain a package like Phelps, Warren, and Laird. That would be the heist of the century for Cash.
    This is one of the best players in MLB we are talking about and these guys mentioned have minimal trade value.

    If the Yankees wanted Kemp they’d be very fortunate if they only had to include one of Montero/Banuelos and no Betances.

  58. blake October 31st, 2011 at 9:21 pm

    I want Montero and Kemp in the lineup

  59. Nick in SF October 31st, 2011 at 9:22 pm

    blake, I don’t know if tbe Giants considered that guy to be their best pitching prospect. I think it hurt them to lose him, but I heard sources from inside the org (via local media, of course) that they have others of the same quality in the pipeline. But who knows which ones will pan out.

  60. GreenBeret7 October 31st, 2011 at 9:23 pm

    Trader,

    Send Vazquez along to help out at first. NYYs aren’t going to have a spot for him anyway. No way would I send Montero in any deal. The dodgers are in need of a rebuild and those are the spots needing filled. They can build a pitching staff around Kershaw and Billingsley with the kids.

  61. GreenBeret7 October 31st, 2011 at 9:24 pm

    Kemp was one of the best players in 2011. He was a dog in 2010.

  62. blake October 31st, 2011 at 9:25 pm

    Nick,

    maybe not….that’s what was reported though and everything I’ve read suggests he has big upside….either way it was a lot to give for a rental.

  63. Joe from Long Island October 31st, 2011 at 9:25 pm

    the thing with acquiring kemp in a trade, is that unless you have the resources to sign him to an extension, then you’ve just traded your best prospects and young, cost-controlled players for a one year rental. that makes that kind of deal very expensive in it’s own way.

    how many teams would be willing to place themselves at risk for the next few years for a one year rental?

  64. GreenBeret7 October 31st, 2011 at 9:26 pm

    Kemp won’t extend with La unless they unload a boatful of money they don’t have with the need for another boatload needed for Kershaw.

  65. LGY October 31st, 2011 at 9:26 pm

    http://riveraveblues.com/2011/.....des-58440/

    Some good thoughts on RAB related to this topic on trades and trade value.

  66. blake October 31st, 2011 at 9:28 pm

    new one

  67. Yankee Trader October 31st, 2011 at 9:30 pm

    New Post: Yankees make it official with CC —->

  68. Duh Innings November 1st, 2011 at 1:19 am

    What I thought the Yanks should’ve offered CC had he opted out was VERY close to what they got him to take.

    I said the Yanks should’ve offered CC 4 years @ $25M = $100M plus $25M vesting options for 2016 and 2017, the Yanks got CC to take a fifth year tacked onto his current contract for $25M and a sixth year for $25M or $5M.

    $150M I’d have offered vs. most likely $142M ($122M if CC is bought out.)

    ‘Looks like Chien Mien Wang is re-signing with the Nationals. Oh well. He’d have been a nice low-risk high-reward guy.

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