CC Sabathia Signs One-Year, $25 Million Extension To Stay With Yankees Until At Least 2016

CC Sabathia announced Monday he has signed a contract extension with the Yankees. The deal is being reported for $25 million over one year, 2016, on top of his current contract with a $25 million vesting option in 2017.

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CC Sabathia Planning To Opt Out Of Yankees Contract Monday: Report

C.C. Sabathia will announce that he has opted out of his contract with the Yankees to enter the free agent market for the 2012 season on Monday night.

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CC Sabathia, New York Yankees Working On New Deal: Report

Some of the pieces for the 2012 New York Yankees might fall into place this weekend. Reports are indicating that General Manager Brian Cashman, whose contract expires at the end of this month, has agreed to a new three-year-deal to stay on as Yankee GM.

It appears that Cashman’s first order of business will be trying to keep CC Sabathia, the team’s ace left-handed starting pitcher, from hitting the free-agent market. Sabathia can opt out of his contract once free agency begins, but a report Friday indicated that the Yankees and Sabathia’s representatives are trying to reach a deal this weekend to prevent that from happening.

The major question for the Yankees is how far beyond the four years and $92 million Sabathia has left on his contract the organization is willing to go to keep the 31-year-old in pinstripes.

It seems we may know the answer to that before the weekend is over.

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