Report: Andrew Bailey Signs With N.Y. Yankees

Brian Garfinkel/Getty Images Sport(NEW YORK) -- The New York Yankees have agreed to a minor league contract with free agent reliever Andrew Bailey, according to ESPN.

Bailey is currently recovering from shoulder surgery and is not expected to be ready for opening day. If the right-hander makes the Major League roster, his base salary will be $2.5 million and includes an option for the 2015 season and incentives.

The 29-year-old spent the past two years with the Boston Red Sox, compiling a record of 4-2 with a 4.91 ERA and 14 saves. He spent his first three big league seasons with the Oakland Athletics, where he saved 75 games.

Copyright 2014 ABC News Radio

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