On Friday, the club agreed on a two-year contract with southpaw Pedro Feliciano, according to several media reports. Jon Heyman of SI.com and MLB Network, who first reported the deal, wrote that the contract is valued at $8 million and includes a third-year option.
The Yankees declined comment on the deal, which isn't official until he passes a physical, and Feliciano's agent could not be reached by MLB.com.
"I think it was a good thing to stay in New York," Feliciano told ESPNNewYork.com. "I mean, that's the best city in the [United] States."
The 34-year-old, who has spent his entire eight-year career with the Mets, has led the Majors in appearances each of the past three years, pitching in a total of 266 games and putting up a 3.44 ERA.
In 92 appearances in 2010, Feliciano posted a 3.30 ERA, a 1.53 WHIP and a 1.87 strikeout-to-walk ratio before rejecting the Mets' arbitration offer. Feliciano has limited opposing lefty hitters to a .214 batting average in his career and didn't surrender a home run to them in 139 chances in 2010.
Feliciano will now complement fellow lefty Boone Logan in the Yankees' bullpen. Southpaw Damaso Marte, owed $4 million in 2011 with a club option for '12, had shoulder surgery to repair a torn labrum in October and is expected to be sidelined until late in the 2011 season.
Since Feliciano is a Type B free agent, the Yankees won't have to surrender any compensation picks in the 2011 First-Year Player Draft for signing him.
Alden Gonzalez is a reporter for MLB.com and writes an MLBlog, Gonzo and 'The Show'. Follow him on Twitter @Alden_Gonzalez. This story was not subject to the approval of Major League Baseball or its clubs.