Lee is headed back to Philly, and the Yankees appear headed for a second place finish in the American League East.
Lee agreed to a five-year contract worth $120 million with a vesting option for a sixth season, according to MLB.com.
The Yankees reportedly offered the free-agent a seven-year deal worth $154 million, and the Rangers even put more money on the table than the Phillies, so clearly this decision wasn't about just dollars and cents.
Lee spent the final two months of the 2009 regular season with Philadelphia before leading the team to the World Series and, by all accounts, enjoyed his time there.
New York general manager Brian Cashman clearly did all he could financially to get Lee in pinstripes, but whether ...
Read Full Article at Bleacher Report - New York Yankees
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