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Yankees sign Mariano Rivera to 1-year, $10 million contract

The 43-year-old will close in the Bronx for one more year.

Christian Petersen

The New York Yankees have come to terms with veteran closer Mariano Rivera, re-signing the right-hander on a one-year, $10 million contract, reports Jon Heyman of CBS Sports:

The terms of the performance incentives that could push Rivera’s salary north of $10 million are unknown, but it seems likely they could push the right-hander's earnings to $15 million -- his salary for the past five seasons.

After almost two decades without a prolonged stint on the disabled list, the 43-year-old Rivera missed most of the 2012 season after going down with an ACL injury in early May. The right-hander exclaimed at the time of the injury he was determined to return next season, but wavered on the idea as the season went on.

The 12-time All-Star and surefire Hall of Famer will take on the closer role in the Bronx for his 16th season. The all-time saves leader, Rivera owns an incredible 2.21 ERA in 18 seasons with the Yankees.

The Yankees have now locked up Rivera, Hiroki Kuroda and Andy Pettitte on one-year deals, solidifying the rotation and bullpen for next season but leaving the door open for big changes in 2014.