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Veteran left-hander Andy Pettitte and the New York Yankees have agreed to terms on a one-year contract worth $11.75 million, major league sources tell ESPN The Magazine's Buster Olney.

http://sports.espn.go.com/mlb/news/story?id=4727385


Sources believe the actual cost may be higher, more to come as this story develops.

JMU DJ wrote:

Veteran left-hander Andy Pettitte and the New York Yankees have agreed to terms on a one-year contract worth $11.75 million, major league sources tell ESPN The Magazine's Buster Olney.

http://sports.espn.go.com/mlb/news/story?id=4727385


Sources believe the actual cost may be higher, more to come as this story develops.

i think it has more to do with age, performance and the fact he will possibly be the #4 starter. You dont pay #4 starters more then $12 million unless you're the Yankees.... oh wait.... maybe it is the steroids.