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Pettitte reportedly close to re-signing

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Looks like things are getting started a little earlier today.

Buster Olney reported this morning that Andy Pettitte has decided to pitch in 2013, [2] and the deal is almost done. Joel Sherman says it’s a one-year contract worth $10-11 million. [3]I can’t help wondering if the delay in any hard news leaking out was caused by both sides wanting to have a deal in place before saying whether Pettitte wanted to pitching. It would have been embarrassing for both Pettitte and the Yankees to have it known that Pettitte wants to pitch, only to have the two sides get into a tough negotiation about money.

Now if the Yankees can also complete the Mariano Rivera deal this week — which seems possible [4] — they’ll have three significant pieces in place heading into next week’s Winter Meetings.

 

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