The Yankees and Nick Johnson have agreed on a one-year deal that will become official after Johnson takes a physical Monday.King also mentions that Johnson will bat second if Johnny Damon doesn't come back. If he can stay healthy there is some value there since he is an on-base machine, but that could be a big IF.
The deal calls for a salary close to $5 million with a chance to add another $1 million in incentives for Hideki Matsui’s replacement at the DH spot.
Still, for about the same money they could have brought back Matsui, which is what I think they should have done.