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Freddy Garcia signs one-year deal to stay with the Yankees

"Freddy Garcia celebrated his Thanksgiving with a new contract.

Garcia, signed a one-year deal Thursday worth between $4 million and $5 million, perhaps tripling his $1.5 million base salary from last season. Garcia earned more than $3 million including incentives, going 12-8 with a 3.62 ERA in 25 starts.

The Yankees offered Garcia arbitration late Wednesday night, assuring themselves of a compensatory draft pick if he signed elsewhere. It never came to that, as the two sides hammered out a deal, bringing the 35-year-old back to the Bronx."


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