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Beltran, Yankees Finalize $45 Million Contract

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ST. LOUIS, MO - MAY 14: Carlos Beltran #3 of the St. Louis Cardinals hits a three-run home run off of Robert Carson #73 of the New York Mets in the fifth inning at Busch Stadium on May 14, 2013 in St. Louis, Missouri. The Cardinals beat the mets 10-4. (Photo by Dilip Vishwanat/Getty Images)

ST. LOUIS, MO – MAY 14: Carlos Beltran #3 of the St. Louis Cardinals hits a three-run home run off of Robert Carson #73 of the New York Mets in the fifth inning at Busch Stadium on May 14, 2013 in St. Louis, Missouri. The Cardinals beat the mets 10-4. (Photo by Dilip Vishwanat/Getty Images)

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NEW YORK (AP) _ Outfielder Carlos Beltran and the New York Yankees have finalized a $45 million, three-year contract.

The agreement, reached Dec. 6, was announced by the team Thursday. The eight-time All-Star is to be introduced at a Yankee Stadium news conference Friday.

The 36-year-old played for the Mets from 2005-11, when he was dealt to San Francisco. He signed a $26 million, two-year contract with St. Louis before the 2012 season and reached the World Series for the first time this year.

Slowed by knee injuries, Beltran has retained a potent bat– especially in October. He hit .296 with 24 homers and 84 RBIs for the Cardinals this year and added two homers and 15 RBIs in the postseason. Beltran injured ribs in the World Series opener when he banged into Fenway Park’s right-fight fence while robbing Boston’s David Ortiz of a grand slam.

New York seems to have a logjam among outfielders on its roster, a group that includes Jacoby Ellsbury, Brett Gardner, Ichiro Suzuki, Alfonso Soriano and Vernon Wells.

To open a roster spot, the Yankees designated right-hander Brett Marshall for assignment.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.) 

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