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Yankees officially add Eric Chavez

02/27/2012 4:13 PM ET
By Lou DiPietro

Eric Chavez is officially back in pinstripes. (AP)
The New York Yankees officially announced on Monday that they have signed Eric Chavez to a one-year Major League deal.

Chavez, who hit .263 in 58 games with the Yankees last season, will receive $900,000 in base salary, with the chance to earn $3.05 million more in incentives based on his amount of plate appearances.

Last year, Chavez recorded 175 plate appearances - his highest total since 2007 - for the Yankees despite spending nearly three months on the disabled list with a fractured left foot. The Associated Press reports that according to the incentive structure in his 2012 deal, Chavez will net $50,000 for 75 plate appearances, $100,000 each for 100 and 150, $200,000 apiece for 200 and 250, $300,000 each for 300 and 350, $400,000 apiece for 400 and 450 and $500,000 each for 500 and 550.

Chavez, 34, is expected to fill the same role he did in 2011, seeing time at both first base and third base while also getting some at-bats as the designated hitter. Last season, the six-time Gold Glove winner played 42 games at third and did not commit an error, making him the only MLB player to appear in at least 40 games at the hot corner without a miscue. Chavez was also excellent with runners in scoring position, batting a team-high .415 (17-for-41) with 22 RBI.

In a corresponding roster move, pitcher David Aardsma was placed on the 60-day disabled list. Signed last week, Aardsma is rehabbing from Tommy John surgery in 2011, and won't be ready to pitch until at least mid-season. The Yankees also outrighted outfielder Chris Dickerson to the Minor Leagues, leaving the 40-man roster at 39.

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