Pettitte agrees to 1 year - $11.75 million.

[Chamillitary Click]

http://mlb.mlb.com/news/article.jsp?ymd=20091209&content_id=7780492&vkey=news_mlb&fext=.jsp&c_id=mlb

INDIANAPOLIS -- Andy Pettitte is putting the pinstripes back on for another season.

The 37-year-old left-hander agreed to terms with the Yankees on a one-year contract worth $11.75 million on Wednesday, MLB.com has confirmed.

Pettitte, 37, was one of the Yankees' most durable and reliable starters through the championship season, going 14-8 with a 4.16 ERA in 32 starts.

He earned a base salary of $5.5 million, fulfilling approximately $5 million in additional performance-based incentives, so the $11.75 million figure represents a small pay raise for Pettitte.

a little much, but so glad to keep him in the rotation.