Andy Pettitte has agreed to a minor league contract with the Yankees worth $2.5 million, according to ESPN. Pettitte will start out in the minors and work his way back into playing shape.
The 39-year-old lefty missed all of last season after announcing his retirement following the 2010 season. Pettitte pitched well in 2010, going 11-3 with a 3.28 ERA while battling injuries.
Pettitte's return comes only a month after the southpaw shot down any possibility of a return to the major leagues.
Pettitte had been a staple of the Yankees' rotation, winning five World Series championships during his 13 years in New York. Pettitte has been one of the Yankees' best postseason pitcher, holding to the record for most playoff wins with 19.
Overall, Pettitte's career record is 240-138 with a 3.88 ERA. He has been voted onto three All-Star teams.
