The New York Yankees have agreed to sign outfielder Matt Holliday on Sunday, as first reported by Sweeny Murti of WFAN Radio.
According to Jon Heyman of FanRag Sports, Holliday's deal is a one-year, $13 million contract.
Holliday, especially on a short-term contract, is a good fit for a Yankees team that really did not feature a power-hitting lineup. As a group, in 2016, Yankees hitters posted the fourth-worst slugging percentage and fifth-worst isolated power in the AL.
Even though he will be 37 years old in January, Holliday should be a good power source for New York in the coming year. It is likely that he will spend most of his time at designated hitter, but he could also spend some time in the outfield alongside Aaron Judge, Brett Gardner and Jacoby Ellsbury.
As for his contract, Holliday made right about what he was expected to. MLBTradeRumors.com projected him to earn a one-year, $10 million deal prior to the start of the offseason.
In 2016, Holliday hit .246/.322/.461 with 20 home runs and 62 RBIs over 426 plate appearances. He was worth 0.7 WAR, according to FanGraphs.