After weeks of speculation, Raul Ibanez and the Yankees agreed to a one-year deal worth $1.1 MM plus incentives. Ibanez, who will turn 40 in June, mashed 20 HRs in 144 games for the Phillies last season. The Yankees plan only use Ibanez against RHPs and for good reason. Ibanez hit .256 and 16 of his 20 HRs came against RHPs. Ibanez did strike out in 17 percent of his at-bats, so the whiff factor will come into play.

The Yankees were also considering ex-friends, Johnny Damon and Hideki Matsui. Matsui’s knees are no longer reliable and Damon appeared to price himself out of the Yankee budget. Overall, Damon had a better season than Ibanez is 2011. Damon has much more speed and can play the outfield, should the Yankees get into a pinch. However, it’s clear Cashman only wanted a righty masher and Ibanez is the right man for the job.