Breaking News: CC Sabathia Agrees to be a Yankee

Phil HoopsCorrespondent IDecember 9, 2008

ESPN, and is currently reporting that the Yankees have agreed in principal for a deal with coveted pitcher CC Sabathia. The deal will make Sabathia the league's richest pitcher as it is a seven year deal worth $160 million.

This comes as a surprise as over the past month it began looking more and more likely that Sabathia wasn't going to accept the Yankees offer.

However, last night it was being reported that Brian Cashman was making a push to convince Sabathia's wife into moving their young children to the Big Apple.

The Sabathia signing comes a day after the Yankees's crosstown rival, New York Mets, inked All-Star closer Francisco Rodriguez to a 3 year $37 million deal.

The Yankees hope that Sabathia can help them bring yet another World Series ring.