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Bartolo Colon Signs Minor League Deal With New York Yankees

Bartolo Colon signed with the Yankees today, a minor league deal worth $900,000 if he makes the big league club out of spring training.

The 2005 Cy Young Award winner can become a free agent if he does not make the team, and will compete for the fifth starter job.

Colon has not made twenty starts in a season since 2005, and last pitched in the majors in 2009 for the Chicago White Sox.

The former Indians, Expos, White Sox, Angels, and Red Sox pitcher is 153-103 career with a 4.10 ERA. It is another low risk and probably low reward move for the Yankees, who are still looking for a fifth starter in case Andy Pettitte does not return.