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Yankees, A-Rod Near Deal

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Published: November 16, 2007

Updated: 11/16/2007 01:11 am

Alex Rodriguez and the New York Yankees have agreed to the outline of a $275 million, 10-year contract, a deal that potentially would allow him to earn millions more if he sets the career home-run record.

The amount of the guaranteed money was revealed by a person familiar with the negotiations who spoke on condition of anonymity because the deal hasn't been finalized.

A-Rod met Wednesday in Tampa with the Steinbrenner brothers but the parameters of the deal were set in place last weekend.

Peavy Wins NL Cy Young
NEW YORK - Jake Peavy was a unanimous winner of the NL Cy Young Award on Thursday after leading the league in wins, ERA and strikeouts - pitching's version of a Triple Crown.

The San Diego Padres ace received all 32 first-place votes and finished with 160 points in balloting by the Baseball Writers' Association of America. Arizona sinkerballer Brandon Webb, last year's winner, was second with 94 points.

Peavy went 19-6 while topping the majors in ERA (2.54) and strikeouts (240) for the Padres, who came within one win of their third consecutive playoff berth. It was the 12th time an NL pitcher has been a unanimous choice for the honor, the first since Arizona's Randy Johnson in 2002. Brad Penny of the Dodgers finished third in the voting. Cincinnati's Aaron Harang was fourth and Chicago's Carlos Zambrano was fifth.

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