Pettitte re-signs with the Yankees for $11-12 million

By Allan

Update: Deal is 1 year for $11.75 million.

Jon Heyman of SI.com reports that starting pitcher Andy Pettitte will re-sign with the Yankees. His 2010 deal will be in the $11-12 million range. Pettitte pitched 194 2/3 innings and went 14-8 with a 4.16 ERA while winning a World Series with the Yankees last season.