CC Is Returning
No details yet, but CC Sabathia just tweeted that he will be back as a Yankee next year. He linked to an announcement, but not surprisingly, it is overloaded right now.
More as details appear
UPDATE 7:37pm The trio of Heyman, Olney and Heyman have tweeted some details. The Yankees added a guaranteed year in 2016 for $25 million to his original deal and there is a vesting option for another $25 million in 2017 with a $5 million buyout. So, CC gets $30 million more guaranteed than under his original deal and could earn another $25 million. I have to admit, as much as I didn't want to see the Yankees extend Sabathia further, this is a deal I can live with.
UPDATE 10:10pm Interesting language in the CC 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."
So, the Yankees essentially handed him a two-year extension for $50 million. Something tells me that no matter what happens to CC in the 2016, he won't go on the DL for a shoulder injury.
Comments
It is a smart move given their resources.
I still am amazed that he hasn't blown out his knees or rather that they haven't crumbled. If he stays healthy for the length of the contract it is money well earned.
Posted by: blmeanie | November 1, 2011 02:21 PM |