Sources: Johnson, Yankees agree
The Yankees, frustrated in their attempts to re-sign Johnny Damon, have reached agreement on a one-year deal with Nick Johnson, pending a physical, sources said.
The deal will pay Johnson $5.75 million guaranteed -- the salary for 2010 is $5.5 million, and there is a buyout on the 2011 option that starts at $250,000 but can escalate based on his plate appearances in 2010. The contract also provides another $1 million in incentives based on plate appearances.
Johnson, who was drafted ...
Read full story