Francisco Rodriguez, who was previously believed to be holding out for a two-year deal, would sign a one-year pact for a premium price of $10 million, according to a report.
Alex Rodriguez released a hand-written apology to fans on Tuesday, saying he is sorry for his mistakes that led to his suspension for performance-enhancing drug use.
Yankees owner Hal Steinbrenner and team executives have told Alex Rodriguez that they want him to clear the air with the media prior to spring training.