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Yankees offer closer Rivera $45M, 3-year deal

Updated: November 13, 2007, 7:02 PM ET
Associated Press

NEW YORK -- Mariano Rivera was offered a $45 million, three-year contract to stay with the New York Yankees. Now, the team is waiting to hear back from its star closer.

"He'd be by $4 million a year the highest-paid relief pitcher," Yankees senior vice president Hank Steinbrenner said Tuesday. "To say that's a strong offer would be an understatement."

On Monday, the Yankees retained catcher Jorge Posada when they upped their offer to $52.4 million for four years. ...

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