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Report: Yankees in agreement with Brian McCann on 5-year, $85 million contract

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Brian McCann has reason to smile, but may soon be parting with his beard. (USA Today)

Evan Grant of the Dallas Morning News first alerted us on Saturday afternoon that free agent catcher Brian McCann was likely heading to the New York Yankees on a long-term deal after two of his sources reported Texas Rangers were out of the running.

Fox Sports Ken Rosenthal, who earlier disputed the sides were close on a deal, now confirms the two sides have reached an agreement pending a physical.

Jon Heyman adds information on a no trade clause:

In landing McCann, the Yankees are taking the third best bat available off the board according to Jeff Passan's free agent tracker. The signing will help them stabilize a catching situation that flat lined (213/.289/.298) in 2013 following the departure of Russell Martin. In 102 games coming off shoulder surgery, McCann hit 256/.336/.461 with 20 home runs and 57 RBI. He would be poised to build on those numbers with continued good health and a favorable situation as a left-handed hitter at Yankee Stadium.

That bold prediction from David O'Brien of the Atlanta Journal Constitution, who covered McCann during his nine seasons with the Atlanta Braves.

Ken Rosenthal also notes the Yankees had to overcome a surprising late surge from the Colorado Rockies in order to get a deal done with the free agent catcher.

That would have been the shocker of all shockers had Colorado swooped in to steal the coveted catcher. With McCann now firmly in the Yankees fold, all eyes will turn towards their efforts to re-sign free agent second baseman Robinson Cano. The McCann signing will make it awfully difficult for New York to re-sign Cano and get the payroll below the $189 million luxury-tax threshold. Though as many have pointed out on Saturday, A-Rod's suspension being upheld would help in that regard.

In other words, it'll be quite interesting to see how the chips fall on several different fronts, and how much the Yankees are truly willing to spend this offseason.

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Mark Townsend is a writer for Big League Stew on Yahoo Sports. Have a tip? Email him at bigleaguestew@yahoo.com or follow him on Twitter!

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