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Holmes signed a one-year, $6 million deal with the Yankees on Thursday to avoid arbitration, Mark Feinsand of MLB.com reports.

Holmes has served as the Yankees' primary closer each of the last two seasons, recording a combined 44 saves. He also managed a career-best 18.3 K-BB% across 63 frames in 2023 and should continue to rack up save chances in 2024.

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