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The veteran closer was expected to opt out if New York didn’t tack extra years onto his deal.
The Yankees are in agreement with closer Aroldis Chapman on a contract extension that will keep him in New York through the 2022 season, according to a report late Saturday night from ESPN’s Jeff Passan:
Aroldis Chapman will add an extra year at $18 million on top of the two years, $30 million remaining on his deal, sources tell ESPN. The deal will keep Chapman with the Yankees through the 2022 season.
— Jeff Passan (@JeffPassan) November 3, 2019
The 31-year-old closer had the opportunity to opt out of the final two years and $30 million remaining on what was originally a five-year, $86 million deal. According to MLB Network’s Jon Heyman, Chapman was expected to opt out if he didn’t get more money tacked onto his deal with the Yankees, but obviously the two sides came to a resolution.