Pettitte Returning to Yankees

New York Yankees pitcher Andy Pettitte answers questions at a news conference Monday, Feb. 18, 2008 in Tampa, Fla. Pettitte, who reported for spring training baseball camp on Monday, answered questions about his use of human growth hormone. (AP Photo/Julie Jacobson)
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Andy Pettitte and the Yankees are closing in on a one-year contract that would bring the left-hander back to New York.

A person familiar with the negotiations said the agreement could
be reached later Monday. The person spoke on condition of anonymity
to The Associated Press because talks are not yet final.

Pettitte wanted to return and the Yankees preferred to have him
come back. The sides have been apart for months on how big a pay
cut the 36-year-old pitcher would take from the $16 million he
earned last year.

He would join a projected starting rotation featuring CC
Sabathia, A.J. Burnett, Chien-Ming Wang and Joba Chamberlain.

Pettitte pitched for the Yankees from 1995-2003, helping them
win four World Series titles, then spent three seasons with his
hometown Houston Astros. He returned to the Yankees in 2007
and was 14-14 with a 4.54 ERA last season, his highest ERA
since 1999.

Pitching with a sore shoulder, he was 2-7 with a 6.23 ERA in his
final 11 starts and missed his last turn of the season.