NEW YORK, N.Y. - Infielder Stephen Drew and the Yankees have finalized a $5 million, one-year contract, a deal that puts him in position to become New York's starting second baseman.

Drew's agreement was reached Jan. 6 and announced Friday, after he passed a physical.

Drew, who turns 32 in March, was acquired by the Yankees from Boston on July 31. He hit .150 with three homers and 15 RBIs in 155 plate appearances for New York while making 34 appearances at second base and 12 at shortstop as a backup to Derek Jeter.

He batted .253 with 13 homers and 67 RBIs for Boston in 2013 as the Red Sox won the World Series, and then became a free agent.