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Source: Yanks sign Russell Martin

Updated: December 15, 2010, 10:15 AM ET
ESPN.com news services

Spurned by Cliff Lee, the New York Yankees reportedly began spending the money that was to be allotted to the left-handed ace by agreeing to a contract with catcher Russell Martin, a source told ESPN The Magazine's Buster Olney.

The deal, which carries a base salary of $4 million, was completed on Tuesday as Martin passed his physical, sources told Olney.

MLB.com first reported the agreement.

The former Los Angeles catcher was nontendered this month after the Dodgers refused ...

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