Skip navigation
Favorites
Sign up to follow your favorites on all your devices.
Sign up
Odds by

Yankees, Mariano Rivera agree on one-year, $10 million deal

Yankees' Rivera reacts after giving up the tying run to the Red Sox during their MLB American League baseball game in Boston

New York Yankees closing pitcher Mariano Rivera reacts after giving up the tying run to the Boston Red Sox during the ninth inning of their MLB American League baseball game at Fenway Park in Boston, Massachusetts August 7, 2011. REUTERS/Adam Hunger (UNITED STATES - Tags: SPORT BASEBALL)

REUTERS

UPDATE: CBS Sports’ Jon Heyman reports that the Yankees and Rivera have agreed to terms on a one-year, $10 million contract. He’ll have the chance to earn more with incentives.

4:21 PM: We had a false report the other day, but now it appears it’s finally getting done:

Source: #Yankees, Mariano Rivera are on verge of one-year, $10 million contract. @mlbonfox

— Jon Morosi (@jonmorosi) November 29, 2012


Happy birthday to him. Rivera turns 43 today.

And speaking of age, that’s a lot of bread for a reliever of his vintage, especially coming off an injury. But please, in every way, shape and form, Rivera is a special case and it was never likely that the Yankees were going to pay him like a 43 year-old reliever coming off an injury. No more than Derek Jeter was going to get the kind of contract one normally gives a shortstop in his late 30s a couple of years ago.