Jon Heyman of SI.com reports that the Yankees have agreed to terms with free agent reliever Rafael Soriano on a three-year, $35 million deal. This one came out of nowhere and the contract seems overly reckless, but it's really hard to trash the move. The Yankees can get away with spending like crazy because their revenue streams are plentiful and they now have the best one-two bullpen punch in all of baseball. Soriano posted a fantastic 1.73 ERA and 0.80 WHIP last season for the Rays while saving 45 games in 48 chances. He can serve as a setup man behind Mariano Rivera for the next two seasons and then take over as the Yankees' closer if Mo decides to retire when his current two-year, $30 million contract runs out after 2012. Source: Jon Heyman on Twitter
Took him in almost all my mock drafts, but not anymore.
Thats a nasty late-innings combo the Yanks just put together! Considering Mo would often pitch 1+ innings in his saves the Yankees could effectively use these two for the 7th, 8th, and 9th in many cases!
Yea, I would say this decision was made based on the fact that they know their rotation could be in trouble and with little options in the Open Market for SP their next best move could be try and shorten the games with elite RP
Not a surprise to me at all. After striking out on Cliff Lee, I knew it was just a matter of time before the Yankees signed Soriano to some ridiculous contract.
I realize that the Yankees don't care all that much about money, but for the amount they wasted on Soriano they could have added both JJ Putz and Scott Downs with 35,000 Benjamins left over to wipe their asses with for the next 3 years. And honestly I'd rather have either Downs or Putz than Soriano.