AP source: Yankees, Pettitte close in on deal

NEW YORK (AP) - A person familiar with the negotiations says Andy Pettitte and the New York Yankees are nearing agreement on a one-year contract in the range of $10 million to $12 million.

The person spoke on condition of anonymity Tuesday because talks are ongoing.

Pettitte, who turns 41 in June, retired after the 2010 season and then decided to come back this year and signed a contract guaranteeing $2.5 million.

He went 5-4 with a 2.87 ERA in 12 starts, missing nearly three months with a broken left leg after he was hit by a liner drive off the bat of Cleveland's Casey Kotchman broke his left fibula on June 27.