Report: Yankees finalizing deal with J.A. Happ

According to multiple reports, the Yankees and free agent lefty J.A. Happ have agreed to the structure on a contract for two years plus an option for a third year. The dollar amount is not yet known.

Yankees and Happ are working to finalize deal. Looks like it might be 2 years plus an option once done.

— Jon Heyman (@JonHeyman) December 13, 2018

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.

— Mark Feinsand (@Feinsand) December 13, 2018

Joel Sherman is reporting that the deal may be announced as early as tomorrow.

#Yankees and Happ are near finish line, good chance of announcement tmrw. He gets 2 yrs with a 3d-yr option. @Feinsand had structure 1st

— Joel Sherman (@Joelsherman1) December 13, 2018

We will continue to provide updates on Happ as the details continue to develop.   Follow me on Twitter, @JaredSaul