Report: Soriano signs with Yankees
Former Rays closer Rafael Soriano finally found a new home, agreeing to a deal with the Yankees, according to a Twitter post by SI.com's Jon Heyman.
The deal will pay Soriano about $35-million over three years, making him baseball's highest paid setup man for Mariano Rivera for the next two seasons and then presumably in line to take over as closer.
Soriano would have the chance to opt out of his contract after each season, according to the New York Times, getting $11.5-million if he leaves after one year, and $21.5-million if he leaves after two. He gets $35-million if stays for all three.