Update: The contract looks like it will be for 2 years for a total of $2.4 million. (At those dollars and without giving up any draft picks, this is a very efficent deal for a good situational lefty.)

It looks like Mike Myers is the most recent addition to the bullpen, joining Kyle Farnsworth as part of the bridge to Mariano. Myers, a 36-year-old lefty submariner, agreed to terms on a two-year contract with New York and the deal is contingent upon Myers passing a physical.

The Red Sox declined to offer him arbitration so the Yanks actually don't have to give up any draft picks for the privilege of signing him. I would have preferred a couple of other lefties but if the deal isn't too outrageous, this might work out okay for the Yankees. However, this is only if, and only if, Joe Torre makes sure to only use Myers against lefties. Mike has been great against lefties...but righties have battered him over the course of his career (.312 AVG against). If he is used properly, it should be fine. There were a couple of other lefties that I would have preferred to Myers (Rincon, Eischen) but still, it looks like a decent deal (pending the financials) and Patrick will be happy!