Yankees To Re-Sign Mariano Rivera To Two-Year, $30 Million Contract

While the Derek Jeter contract negotiations haven’t been a very smooth ride, the Yankees have had a much easier time dealing with free agent closer Mariano Rivera, and according to the New York Daily News, Rivera and the Yankees are expected to finalize an agreement on Friday night.

The agreement will be for two years and will be worth $30 million. Rivera was initially seeking a two-year contract worth closer to $36 million, while the Yankees were reluctant to guarantee a second year, but the two sides were able to reach a compromise in the middle. Rivera made $15 million in 2010, and thus will not be taking a pay cut.