Chan Ho Park signed with Yankees for half what Phillies offered

"The veteran righthander, who posted a 2.52 ERA in 50 innings of relief last season, yesterday signed a 1-year contract worth a reported $1.2 million with the New York Yankees, roughly half of what the Phillies were willing to pay to retain him.

• (Chan Ho) Park, 36, who pitched 3 2/3 scoreless innings against the Yankees in the World Series, told reporters at a news conference in his native South Korea that the Cubs had offered him a chance to start.

"I was deliberating on the Chicago Cubs and the Yankees, but their history and championship contention resulted in me picking the Yankees," he said, according to the Korea Times.

• The Phillies had hoped to re-sign Park and, according to multiple reports, offered him a contract in the neighborhood of $3 million. But when Park declined, they quickly changed course and signed righthander Danys Baez to a 2-year, $5.25 million deal. They later signed righthander Jose Contreras to a 1-year deal worth $1.5 million."

by David Murphy, Philadelphia Daily News, 2/23/10, "Yankees sign Park for half of what Phillies offered"

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