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Pettitte to Sign One-Year, $11 Million Yankees Deal, CBS Says

Pitcher Andy Pettitte is close to signing a one-year contract worth about $11 million to return to the New York Yankees, reported.

Pettitte, 40, decided in the last couple of days that he would rejoin the Yankees for his 18th Major League Baseball season, while the team is optimistic it will have a deal with 42-year-old relief pitcher Mariano Rivera by the end of the week, the website said without citing a source.

Pettitte, who retired for the 2011 season, returned this year and went 5-4 with a 2.87 earned run average, pitching his first game on May 13 and missing more than two months of the campaign after being hit on the ankle by a ball in late June.

Other than a 2004-06 stint with the Houston Astros, Pettitte has played his entire career in New York, posting a 245-142 record with a 3.86 ERA. His win total is 51st all-time and second among active pitchers behind 50-year-old Jamie Moyer, with 269.

Rivera, whose 608 saves are the most in major-league history, missed most of last season after tearing a knee ligament while catching fly balls during a May practice. He hinted during 2011 spring training that the season might be his last, though after the injury he vowed to return.

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