Andy Pettitte is coming back to the Bronx, according to Peter Abraham. The deal is for a guaranteed 5.5 M with roster time and innings pitched based incentives pushing the possible value up to 12M. The Yankees really come out of this deal looking great, as they held the line and ended up paying less in guaranteed money than they originally offered. It is amazing to me that Derek Lowe got a guaranteed 55 million and three years more than Andy Pettitte. Is that me overrating Pettitte, underrating Lowe, or underlining the desperation with which the Braves acted? I just do not see that huge a difference between them. Lowe is better, but not enough to explain the disparity in their compensation.
Also interesting to note is the question of what exactly will happen to Ben Sheets? He seems to have run out of suitors, and he may be available at a fraction of his worth. I would consider offering him the same deal that they gave Pettitte, as he would provide the Yankees with similar depth to that of the Red Sox, matching the John Smoltz acquisition. Would it be overkill? Probably. But sometimes a financial power needs to overdo it so as to avoid pitching Sidney Ponson and Darrell Rasner in big games.
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