The New York Yankees have made their third big splash in the free agent market this offseason, agreeing to terms with outfielder Carlos Beltran to a three-year, $45 million contract on Friday evening. The New York Daily News’ Mark Feinsand was the first to have the report.
Beltran was previously rumored to have a three-year, $48 million contract on the table from the Kansas City Royals. It is unknown if that was simply a rumor, or if Beltran took less money to return to the city where he spent the prime of his career, when he was a member of the New York Mets.
The signing of Beltran comes just hours after the Yankees lost the services of their top hitter from 2013, Robinson Cano, who signed a ten-year deal with the Seattle Mariners.
The 36-year-old outfielder is expected to man right field for the Yankees, partnering with Brett Gardner in left field and fellow free agent signee Jacoby Ellsbury in center field.
Beltran has spent the past two seasons with the St. Louis Cardinals, and produced a .296/.339/.491 batting line with 24 home runs and 84 RBIs in 2013.
More to come on this story as information comes in.