Reports throughout the Winter Meetings indicated that Happ was seeking a three-year deal and that he’d sign with the first team to offer the third year. It was initially reported on Wednesday morning that the Yankees and Happ had agreed to a three-year deal, but those reports were quickly pulled back, settling on the two sides being “very close” for much of the day.
Mark Feinsand of MLB.com is reporting that the option year is based on innings pitched/starts. The deal is still being finalized and will be pending a physical.
Source: Yankees and J.A. Happ have agreed to the structure on a contract that would be two years plus an option for a third year based on innings pitched/starts. Deal still being finalized, plus physical.