NEW YORK -- As promised, Mariano Rivera is staying with the New York Yankees for another season.
After missing most of the season because of a knee injury, Rivera accepted a cut in guaranteed money when he finalized a $10 million, one-year contract Friday.
The all-time saves leader, who turned 43 on Thursday, took a cut from his $30 million deal that had covered the last two years. But he can earn an additional $500,000 if he is MVP of the league championship series, $1 million if he is MVP of the World Series and $1 million if he wins the Rolaids Relief Award.
Rivera was limited to nine games this year after tearing the anterior cruciate ligament in his right knee while tracking down a fly ball during batting practice in Kansas City on May 3.
"Like I've been saying, I didn't want to go out like that," Rivera said in a statement. "I didn't want that to be the last image. But it wasn't an easy decision because there's more than just baseball with me. I have to consider my family and the church, too. But I feel like we have a great group of guys and a team that can compete for a championship. I'm not just coming back to play. I'm coming back to win."
Rivera, with 608 saves in the regular season and 42 more in the post-season, is a 12-time All-Star. The Yankees say his recovery from knee surgery on June 12 will be complete by opening day.
"I think we're having a successful early campaign to our winter because we've able to retain some high-end, high-calibre starting pitching," general manager Brian Cashman said during an appearance in Connecticut.
Catcher Russell Martin departed, finalizing a $17 million, two-year contract with Pittsburgh on Friday.
New York also agreed to a one-year contract with utilityman Jayson Nix that pays him $900,000 in the majors and $300,000 in the minors, then designated Nix and right-hander Mickey Storey for assignment. The Yankees claimed right-hander Jim Miller off waivers from Oakland.