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Yankees re-sign Stephen Drew to one-year, $5 million contract

The veteran will look to improve offensively after struggling with the Red Sox and Yankees last season.

Nick Turchiaro-USA TODAY Sports

The Yankees have agreed to re-sign infielder Stephen Drew to a one-year, $5 million contract, as first reported by Jon Heyman of CBSSports.com. According to Ken Rosenthal of FOXSports.com, the deal includes $1.5 million in incentives that could push its total value to $6.5 million.

Drew, 32 in March, returns to the Bronx after hitting just .150/.219/.271 with three home runs and 15 RBI for the Yankees in 46 games after being traded by the Red Sox at the trade deadline. He is signing his third consecutive one-year contract after inking $9.5 million and $10 million deals with the Red Sox for each of the last two seasons, and was thought to be on the radar of multiple teams looking for infield help due to his defensive ability and relatively low cost.

For the Yankees, Drew will likely see significant playing time at second base, with Rob Refsnyder and Jose Pirela also in the mix following the trade of Martin Prado to the Marlins. Didi Gregorius is slated to be the team's shortstop with Brendan Ryan as a backup, but Drew will probably see some time at short as well.

In nine major-league seasons with the Diamondbacks (2006-2012), Athletics (2012), Red Sox (2013-2014) and Yankees (2014), Drew is a lifetime .256/.322/.425 hitter with 97 home runs and 442 RBI. Before his rough offensive performance last year, he posted a .253/.333/.443 line with Boston in 2013.