Monday, November 29, 2010

Yanks & Mo Closing in on $17 Million Deal

From the Toronto Sun (Another hat-tip to BBD):

While Derek Jeter and the Yankees remain at an impasse, Mariano Rivera is quietly closing in on a new contract that will pay him $17 million.

Rivera, 41, is seeking a two-year deal but the Yankees have not yet agreed to go beyond one more season for their iconic bullpen closer, though they haven’t balked at giving him a raise over his previous $15 million stipend.

Here's more from Brian Costa:
The team is expected to talk to [Mo's] agent, Fernando Cuza, sometime later this week and likely again during the winter meetings next week in Lake Buena Vista, Fla.

An agreement is expected by the end of the winter meetings, the person said. And while the two sides will not get into the financial parameters of the deal until they talk later this week, Mr. Rivera isn't making any outrageous demands.

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