Yanks closing in on LOOGY Feliciano *UPDATED*

UPDATED 12/17/10, 9:30am: Jon Heyman has the details (via Twitter):

feliciano is close to a deal with #yankees. will get $4 mil a yr, 2 yrs plus, an option

Might be a bit high for a LOOGY, but with Marte out all year, the Yanks need another lefty in the pen this year. At least they didn’t go three years guaranteed and I hope that option is a team option.

UPDATED 12/17/10, 10:15am: Ken Rosenthal has an update (via Twitter):

Feliciano deal with #Yankees will be 2 years, $9M, plus a club option.

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Per RAB (with a Bob Klapisch tweet):

According to Bob Klapisch, the Yankees are getting close to a deal with lefty reliever Pedro Feliciano. Our anonymous source that’s both close to the situation and a friend of someone involved in he negotiations who asked not to be named but is a baseball person confirms that the two sides are close. Terms of the deal are unknown, but Scott Downs got three years and $15M while Randy Choate got two years and $2.5M, so I bet it’s somewhere between the two. With any luck, it’ll be a one year deal.

I wholeheartedly agree with Mike Axisa: I’m OK with Feliciano as he’s the typical LOOGY, if used properly, but I do not want to be the lastest team who gets snookered into giving a set-up guy a three year deal. The Mets misused and overused Feliciano, having him lead the NL in appearances each of the last three years. It’s a concern.

His career lefty/right splits:

Split	PA	HR	BB	SO	SO/BB	BA	OBP	SLG	OPS	IBB	BAbip
vs RHB as LHP	854	19	106	131	1.24	.283	.376	.420	.795	26	.319
vs LHB as LHP	762	10	53	210	3.96	.214	.282	.297	.580	0	.291

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