Found January 20, 2009 on
Eli's MLB Rumors:
The Yankees and Melky Cabrera have agreed to a one year deal worth 1.4 million dollars, avoiding arbitration. Cabrera originally asked for 1.7 million dollars, and the Yankees responded with 1.2 million dollars. Cabrera hit .249 with 8 HR in 129 games for the Yankees last season, and is a career .268 hitter. Cabrera will likely return to the .270-.280 average mark where he was in 2006 and 2007, as well as an OBP around .340. He has decent speed and is just 24, so he could really break out this year for the Yankees if he plays everyday.?This story was approved by MLB Rumors.
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Pete Abraham has a humorous take on it here: http://yankees.lhblogs.com/2009/01/20/ill-have-what-melky-is-drinking/