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Sources: Johnson, Yankees agree

Updated: December 19, 2009, 12:54 PM ET
By Buster Olney | ESPN The Magazine

The Yankees, frustrated in their attempts to re-sign Johnny Damon, have reached agreement on a one-year deal with Nick Johnson, pending a physical, sources said.

The deal will pay Johnson $5.75 million guaranteed -- the salary for 2010 is $5.5 million, and there is a buyout on the 2011 option that starts at $250,000 but can escalate based on his plate appearances in 2010. The contract also provides another $1 million in incentives based on plate appearances.

Johnson, who was drafted ...

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