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Rivera, Yanks finalize $10 million deal

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Posted: Friday, November 30, 2012 8:59 pm

NEW YORK (AP) - All-time saves leader Mariano Rivera and the New York Yankees have finalized their $10 million, one-year contract.

After missing most of the season because of a knee injury, Rivera accepted a cut in guaranteed money from his $30 million, two-year deal that had covered the last two years.

Rivera, who turned 43 on Thursday, can earn an additional $500,000 if he is MVP of the league championship series, $1 million if he is MVP of the World Series and $1 million if he wins the Rolaids Relief Award.

New York also agreed Friday to a one-year contract with utilityman Jayson Nix that pays him $900,000 in the majors and $300,000 in the minors, then designated Nix and right-hander Mickey Storey for assignment. The Yankees claimed right-hander Jim Miller off waivers from Oakland.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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