Report: Andy Pettitte Rejects One-Year, $10 Million Offer From Yankees

Andy Pettitte has turned down a one-year deal in the range of $10 million, the New York Post reports.

Though the deal was rejected, the Yankees are still reportedly comfortable with Pettitte's chances of returning to the Bronx. That could help explain the report from ESPN's Buster Olney, who wrote that Pettitte "has decided, for sure, to pitch in 2010, and as we knew, his preference is to pitch for the Yankees."

Joel Sherman of the Post wrote that the Yankees value the re-signing of Petttitte very highly, because it would solidify their rotation while still allowing them to participate in Roy Halladay discussions.

Pettitte, 37, went 14-8 in 2009 with a 4.16 ERA before going 4-0 in the playoffs. In his regular-season career, he is 229-135 with a 3.91 ERA in 12 seasons with the Yankees and three seasons with the Astros.