Raul Ibanez Signs With Yankees, According To Report

Raul Ibanez of the Philadelphia Phillies hits an RBI single in the first inning of Game Two of the National League Division Series against the St. Louis Cardinals at Citizens Bank Park in Philadelphia, Pennsylvania. (Photo by Rob Carr/Getty Images)

The former Phillies and Mariners outfielder will be designated-hitting in New York in 2012.

The New York Yankees have been seeking a lefthanded-hitting DH for... well, pretty much the entire winter.

After trading Jesus Montero to the Mariners, they retained Andruw Jones for the righthanded-hitting portion of that platoon. They had talks with former Yankees Hideki Matsui and Johnny Damon, but Monday morning, they signed someone else. Buster Olney tweets:

Ibanez hit .245/.289/.419 with 31 doubles and 20 HR for the Phillies in 2011, which gave him an OPS+ of 91. That's below average, but Ibanez likely won't have to play outfield any more (except in emergencies); he can just focus on hitting against righthanded pitchers. His numbers vs. RHP last year were somewhat better than his overall numbers (.256/.307/.440).

No contract details were revealed in Olney's tweet, but presumably, some of the money the Yankees saved in the A.J. Burnett deal will be heading Ibanez's way. This is a short-term fix for the Bronx Bombers; one of the things it accomplishes is making them an older team.

Maybe it'll work. Maybe it won't. We'll see soon.

UPDATE: Joel Sherman of the New York Post tweets that the contract will be worth $1.1 million.

FURTHER UPDATE: Olney tweets that with incentives, Ibanez could earn up to $4 million.

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