Yankees sign Brian McCann to a five-year deal

Update -- 6:18pm EST: Update: Ken Rosenthal of Fox Sports has reported that the Yankees’ deal with Brian McCann is done, he will be a Yankee, pending physical.

Rosenthal says that the terms of the deal are 5-years, $85 million, with a vesting option for a 6th year that would bring the total worth to $100 million. His average salary will be $17 million a year.

The Yankees will also be sending their first round pick in 2014 to the Braves because McCann was offered a qualifying offer, which he declined.

Update -- 5:53pm EST: Ken Rosenthal of Fox Sports is reporting that the Yankees are indeed close to signing McCann, and that the deal would worth more than $80 million over five-years.

Original -- 5:21pm EST: The Yankees are on the verge of signing free-agent catcher Brian McCann to a long-term deal, Evan Grant of the Dallas Morning News reports.

The terms of the deal are unknown, but Grant says that two sources confirmed this news to him Saturday.

McCann is the top free-agent catcher on the market, and has been near the top of the Yankees' offseason wish list.

(Read my column with thoughts on the McCann signing)

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