Nady strikes deal with Yankees

Updated: January 20, 2009, 6:28 PM ET
Associated Press

NEW YORK -- Right fielder Xavier Nady agreed Tuesday to a $6.55 million, one-year contract with the New York Yankees, and center fielder Melky Cabrera accepted a $1.4 million, one-year deal shortly after exchanging proposed arbitration figures with the team.

Nady, who made $3.59 million last year, was eligible for salary arbitration and can become a free agent after next season. Acquired from Pittsburgh in July, he hit a combined .305 with 25 homers and 97 RBIs.

Cabrera's salary is more than triple the $461,200 he made last year, when he was demoted to the minors from Aug. 15 to Sept. 5 and wound up hitting just .249 with eight homers and 37 RBIs. He had asked for $1.7 million and had been offered $1.2 million, making the settlement just below the midpoint.

He can earn an additional $100,000 in performance bonuses based on plate appearances: $25,000 each for 525, 550, 575 and 600.

The agreements raised the Yankees' projected opening-day payroll to about $191 million for 16 players.

Relief pitcher Brian Bruney, the last Yankees player in arbitration, requested a hike from $725,000 to $1.55 million and was offered $1.1 million.


Copyright 2009 by The Associated Press

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