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Holliday, Yankees Finalize $13 Million, 1-Year Contract

OXON HILL, Md. (CBSNewYork/AP) — Free agent outfielder Matt Holliday and the New York Yankees have finalized a $13 million, one-year contract.

Holliday, who turns 37 next month, fits into the Yankees strategy of signing veterans to short-term deals while pivoting toward a youth movement.

MORE: Cashman: Holliday Should 'Check All The Boxes' For Yankees

A seven-time All-Star with a .303 career average, Holliday was drafted by Colorado in 1998, traded to Oakland after the 2008 season and then dealt to St. Louis the following July. He hit .246 with 20 homers and 62 RBIs in 110 games this past season, missing substantial time after his left thumb was broken when he was hit by a pitch on Aug. 11.

Holliday became a free agent when St. Louis declined his $17 million option.

He figures to be primarily a designated hitter in a lineup where the projected outfield has Jacoby Ellsbury in center, Brett Gardner in left and 24-year-old Aaron Judge in right. Aaron Hicks and Tyler Austin are the backups.

(TM and © Copyright 2016 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2016 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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