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Yanks, Pettitte reportedly close on a one year deal

Ken Rosenthal reports that the Yankees and Andy Pettitte are closing in on a one year deal for less than $10 million guaranteed, but with incentives that could bump it up to $16 million.

That would give the Yanks a rotation of Sabathia, Burnett, Wang, Pettitte, and Joba, with Philip Hughes waiting in the wings.  It would also presumably take them out of the Ben Sheets sweepstakes, which would be good for Texas.