Yankees and Mariano Rivera nearing deal
The Yankees are finishing off a contract with closer Mariano Rivera and expect the deal to be completed by Friday, according to a baseball official who was consulted on the contract.
The two sides have agreed on the parameters of a one-year deal, the official said, and spent Thursday trying to finish off final details of Rivera's salary and incentives.
As ESPNNewYork.com reported Wednesday, Rivera is expected to take a pay cut from the $15 million he earned in 2012, and is likely to be guaranteed a salary in the neighborhood of $11-12 million. The deal is expected to include incentives that would allow him to reach $15 million in earnings if he is healthy enough to pitch all season.
Yankees, Rivera Agree on 1-Year Deal
The Yankees have agreed with closer Mariano Rivera on a one-year contract for 2013, reports Jon Heyman of CBS Sports (Twitter link). The deal is worth $10MM in guaranteed money, plus extra performance and awards incentives. ESPN's Jayson Stark reported earlier today that the two sides were close to a deal, with YES Network's Jack Curry and FOX Sports' Jon Paul Morosi both adding contract details.
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