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AJ Burnett Agrees To 5 yr $82.5 Million Contract With Yankees

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Old Dec 12, 2008 | 08:40 PM
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AJ Burnett Agrees To 5 yr $82.5 Million Contract With Yankees

What's that about the Yankees buying championships??

Burnett, Yankees agree on 5-year deal
By Jerry Crasnick
ESPN.com

Burnett And Yankees Reach Preliminary AgreementFree agent right-hander A.J. Burnett has reached preliminary agreement on a five-year, $82.5 million contract with the New York Yankees.

Burnett's agreement was confirmed by the office of his agent, Darek Braunecker, The Associated Press reported.

While Yankees general manager Brian Cashman and Braunecker are still negotiating final contract terms, the deal is expected to be complete once Burnett passes a physical.

Burnett, who turns 32 in January, will join CC Sabathia at the top of a revamped starting rotation in New York. The Yankees agreed to terms on a seven-year, $161 million contract with Sabathia earlier this week.

The Yankees made a late charge to beat out the Atlanta Braves for Burnett, who went 18-10 with a 4.07 ERA in 35 starts with Toronto this season. Burnett won 10 of his last 12 decisions. He set career highs in wins, strikeouts (231) and innings (221 1/3).

New York is still looking for one more starter, and Cashman left the winter meetings in Las Vegas this week to meet with longtime Yankee Andy Pettitte.

In December 2005, Braunecker and his agency, Frontline Athlete Management, negotiated a five-year, $55 million deal for Burnett that included an opt-out clause after three seasons. It was the first opt-out provision ever in a pitcher's contract.

Between the money that Burnett earned in Toronto and the guaranteed $82.5 million that he's scheduled to receive from the Yankees, his contracts will amount to $113.5 million over eight seasons. The addition of Sabathia and Burnett as free agents -- combined with Chien-Ming Wang's expected return to full health from a foot injury -- gives New York a top of the rotation that can stack up with Josh Beckett, Jon Lester and Daisuke Matsuzaka in Boston.

Burnett and Sabathia combined to go 35-20 with a 3.34 ERA this season. Yankees starters, in contrast, posted a 59-53 record with a 4.58 ERA. That includes the first 20-win season by Mike Mussina, who recently retired.

Although Burnett's numbers haven't always matched his talent, some scouts and front-office people think he made significant strides this season as the No. 2 starter in Toronto behind Roy Halladay.

Burnett also has a strong track record within the American League East. He's 20-5 with a 3.29 ERA against New York's divisional opponents in Tampa Bay, Boston, Baltimore and Toronto.
 
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