Yanks Offer Pettitte, Vizcaino Arbitration
2nd December, 2007 - 5:23 pm
MLB.com - Andy Pettitte and Luis Vizcaino were offered salary arbitration by the Yankees on Saturday, as well as two players who are nearing new agreements with the club: Alex Rodriguez and Mariano Rivera.

The moves, taking place on a deadline day that no longer holds nearly as much significance following new collective bargaining agreements, ensure that the Yankees would be eligible to receive compensation in the form of draft picks should Pettitte or Vizcaino sign with other clubs.

Pettitte, a Type A free agent, has already stated that he will either pitch for the Yankees in 2008 or retire. The left-hander won 15 games this season while compiling a 4.05 ERA.

It is not believed that the Yankees' arbitration offer will impact Pettitte's mind-set toward returning to the club, which was characterized this week by catcher Jorge Posada, who claimed that Pettitte is "leaning toward retirement." Pettitte's agent Randy Hendricks said that he had anticipated the Yankees' arbitration offer even though the club has a standing $16 million offer to return in 2008. [READ]

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