CC Sabathia is staying with the New York Yankees, agreeing Monday to a new deal that adds $30 million to his existing contract.
Sabathia had until midnight to opt out of his current contract, which had $92 million remaining over the next four years in $23 million annual salaries.
The new deal adds a $25 million salary for 2016 and gives the Yankees a $25 million option for 2017 with a $5 million buyout, a person familiar with the agreement told The Associated Press. The person spoke on condition of anonymity because the Yankees had not yet announced the deal.
Sabathia agreed to a $161 million, seven-year deal with New York before the 2009 season.
-AP
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