Yankees signed LHP Andy Pettitte to a minor league contract.
It's stunning news for a guy that didn't pitch at all in 2011 and said in the middle of last season that he was "absolutely loving being home." But, Jack Curry of the YES Network reports that Pettitte admitted three weeks ago that he was considering a comeback and has now decided to follow through with it. He'll earn $2.5 million and will work his way up through the minors initially before eventually likely bumping either Phil Hughes or Freddy Garcia from the rotation. We would guess that Hughes will probably be shifted to the bullpen since he has experience there, but the Yanks haven't revealed their concrete plans.
Whoa. Likely no fantasy implications here but pretty crazy news on a March 16.