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Come Fan with UsTuesday, June 23, 2026

Pedro Feliciano, Yankees Reach Two-Year Contract Agreement

When the Yankees missed out on Cliff Lee, there were a lot of questions wondering what they were going to do next. What was Plan B? Would they look for another starting pitcher? Would they look to make an offensive splash? If Friday's news is any indication, their Plan B actually focuses on improving the bullpen and bench, and according to Ken Rosenthal, they've signed free agent reliever Pedro Feliciano to a two-year contract.

Feliciano’s two-year deal is worth $8 million, and it comes with a club option for 2013. The only hurdle between now and the contract becoming official is the standard physical exam.

Feliciano, 34, is a left-handed reliever who's spent his entire Major League career with the Mets. He's led the league in appearances in each of the last three seasons, throwing in a total of 266 games over that span. As a lefty specialist, his appearances are short and he isn't allowed to face many right-handed hitters, but he's held lefties to a .214 average over his career with a .282 OBP and a .297 slugging percentage, and as such he should be a substantial upgrade over Boone Logan. He makes the Yankees better.

For more on the signing, check out Pinstripe Alley.

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