TAMPA, Fla. (AP) -- Raul Ibanez and the New York Yankees have finalized a $1.1 million, one-year contract.
The deal was announced Tuesday, one day after the sides reached agreement. It includes $2.9 million in performance bonuses.
Ibanez is a 39-year-old outfielder who played with Philadelphia the previous three seasons and hit .245 last year with 20 homers and 84 RBIs. He is expected to become the Yankees' main designated hitter against right-handed starters.