Yanks ink Pettitte to $11.75 million deal

On the heels of the Curtis Granderson trade, the Yankees resigned left-handed pitcher Andy Pettitte to a one-year, $11.75 million contract today. Of course, that's a steep price for a 37 year-old pitcher, but Pettitte fits well into the middle or back-end of the rotation and is a great clubhouse guy. Plus, he's been a very dependable starter since rejoining the Yankees so this works out quite well on both ends.