This is why it’s a sucker’s game to follow the offseason rumor mill:
The New York Yankees and Andy Pettitte are close on a deal that will bring the veteran left-hander back for a year, Major League Baseball sources told Buster Olney on Monday.
The deal, sources told Olney, could be done as soon as Monday afternoon. It would pay Pettitte nearly $6 million, with incentives that could make it worth as much as $12 million.
Pfun Pfact! Barring any other major signings, Pettitte will now be the 12th highest paid Yankee in 2009, coming just behind Robinson Cano and just ahead of Xavier Nady.
Anyway, I’d venture a guess that there were approximately 576 articles written about this song and dance over the past three months, with the majority of them talking about how poisonous the relationship had become between the player and the team. All of that’s out the window now. For his part, Pettitte’s misreading of the market early in the offseason probably cost him several million dollars, but he has made so much money over the years that he won’t miss it.