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Pettitte and Yankees finalize $16 million, 1-year deal

NEW YORK — Andy Pettitte formally rejoined the Yankees today, finalizing a $16-million, one-year contract after three seasons with his hometown Houston Astros.

The 34-year-old Pettitte, who reached a preliminary agreement with New York on Dec. 8, pitched for the Yankees from 1995-2003 and went 13-8 for them in postseason play.

He was 14-13 with a 4.20 ERA last season and joins a Yankees rotation that is projected to include Chien-Ming Wang, Mike Mussina, Randy Johnson and Kei Igawa. In addition, Carl Pavano is trying to come back from injuries that have sidelined him since mid-2005.

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