The Yankees signed RHP Jared Burton to a minor league deal on Monday, with an invitation to the Major League camp.
Mike Berardino of the St. Paul Pioneer Press reported on some of the details of Burton's contract with the Yankees.
Burton will make $2 million, if he spends the year on the Yankees roster. There are four opt-out dates, where Burton can request to be released, if he's in the minor leagues: March 30, June 1, August 1 and August 31.
Burton also has performance incentives based on number of appearances. He gets a $30,000 bonus for making 20 appearances. That amount increases by $10,000 for each additional five appearances (i.e. $40,000 for 25, $50,000 for 30, $60,000 for 35) up to a maximum of $120,000 for 65 appearances.