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Pettitte to return in 2008

Houston Chronicle:

Andy Pettitte, who contemplated retirement this winter, has told his good friends, a few former Astros teammates and some current Yankees teammates that he will return to the Bronx for the 2008 season.

Through people close to Pettitte, the Chronicle has learned that the veteran lefthander has told family members and teammates that he has decided to return to the Yankees in 2008.

Last month Pettitte declined his $16 million player option for 2008 because he wasn't ready to commit to another season. But Yankees general manager Brian Cashman and Yankees senior vice president Hank Steinbrenner told Pettitte they would wait for him until February, if necessary, so he could take his time to make a decision.

That wait is over, and the Yankees have been informed of the decision by Pettitte's agent, Randy Hendricks.

When reached by telephone this morning, Hendricks, who was in route to Nashville for the start of baseball's winter meetings today, confirmed that he has advised the Yankees that Pettitte will play for them in 2008.

Gotta wonder how this great news will impact the Johan Santana sweepstakes.