marleysprotege
Banned
- 2,797
- 10
- Joined
- Dec 12, 2005
Source: Burnett, Yankees agree on deal
Free agent right-hander A.J. Burnett has reached preliminary agreement on a five-year, $82.5 million contract with theNew York Yankees, a baseball source told ESPN.com.
While Yankees general manager Brian Cashman and Burnett's agent, Darek Braunecker are still negotiating final contract terms, the deal is expected to becomplete once Burnett passes a physical exam, the source said.
Burnett, who turns 32 in January, will join CC Sabathia at the top of a revamped starting rotation in New York. The Yankeesagreed to terms on a seven-year, $161 million contract with Sabathia earlier this week.
The Yankees made a late charge to beat out the Atlanta Braves for Burnett, who went 18-10 with a 4.07 ERA in 35 starts withToronto this season. New York is still looking for one more starter, and Cashman left the winter meetings in Las Vegas this week to meet with long-time YankeeAndy Pettitte.
In December 2005, Braunecker and his agency, Frontline Sports Management, negotiated a five-year, $55 million deal that included an opt out clause afterthree seasons. It was the first opt-out provision ever in a pitcher's contract.
Between the money that Burnett earned in Toronto and the guaranteed $82.5 million that he's scheduled to receive from the Yankees, his overall payoutfrom the 2005 Toronto contract will amount to $115.5 million over eight seasons.
Free agent right-hander A.J. Burnett has reached preliminary agreement on a five-year, $82.5 million contract with theNew York Yankees, a baseball source told ESPN.com.
While Yankees general manager Brian Cashman and Burnett's agent, Darek Braunecker are still negotiating final contract terms, the deal is expected to becomplete once Burnett passes a physical exam, the source said.
Burnett, who turns 32 in January, will join CC Sabathia at the top of a revamped starting rotation in New York. The Yankeesagreed to terms on a seven-year, $161 million contract with Sabathia earlier this week.
The Yankees made a late charge to beat out the Atlanta Braves for Burnett, who went 18-10 with a 4.07 ERA in 35 starts withToronto this season. New York is still looking for one more starter, and Cashman left the winter meetings in Las Vegas this week to meet with long-time YankeeAndy Pettitte.
In December 2005, Braunecker and his agency, Frontline Sports Management, negotiated a five-year, $55 million deal that included an opt out clause afterthree seasons. It was the first opt-out provision ever in a pitcher's contract.
Between the money that Burnett earned in Toronto and the guaranteed $82.5 million that he's scheduled to receive from the Yankees, his overall payoutfrom the 2005 Toronto contract will amount to $115.5 million over eight seasons.
