Yankees to keep Posada for $52M, 4 years

New York Yankees closer Mariano Rivera, left, walks off the field with catcher Jorge Posada after the Yankees beat the White Sox in a baseball game, in this May 16, 2007 file photo in Chicago. The Yankees planned to make a new contract offer to Posada on Monday, Nov. 12, 2007, and were also was trying to re-sign Rivera before Tuesday, when free agents could start talking money with all clubs.

The New York Yankees and Jorge Posada agreed Monday night to a $52.4 million, four-year contract that keeps the catcher off the free-agent market. A five-time All-Star, Posada said Sunday he was “really close” to a deal with the Yankees and his preference was to remain with the only major league team he’s played for.

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