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Matsui's three-year deal would be worth around $21M

Updated: December 18, 2002, 11:09 PM ET
Associated Press

NEW YORK -- Japanese star Hideki Matsui and the New York Yankees neared agreement Wednesday night on a three-year contract worth about $21 million.

The Yankees, who had opened talks with free agent Cliff Floyd in an effort to gain bargaining power, made progress in talks Wednesday with Matsui's agent, Arn Tellem, according to a lawyer familiar with the negotiations who spoke on the condition of anonymity.

The sides agreed on the basic structure of Matsui's salaries over the ...

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