The Yankees announced that they have come to terms on a one year deal with Andy Pettitte. The deal is worth $5.5M with a potential $6.5M additional dollars with incentives. Considering the Yankees initially guaranteed $10M, this looks like a loss for Pettitte.
Not so fast. Pettitte earns $1M for the first time he walks from the dugout to the mound in the new Yankee Stadium. He earns $500,000 for every game he pitches with a sore shoulder. It seems like he'll probably earn all 12. I'm guessing the $5.5M base was just a payroll move and that most of those incentives will be easily reached by Mr. Pettitte.