I know what you are all thinking but this is really a new lose situation for the Yankees. Colon will come to spring training and compete for spot in the starting rotation. If he makes it the Yankees will pay him $900,000, If he does not he will be released or traded as the Yankees have no plans on using him in Scranton.
Colon 37 did not pitch last year but was solid in limited appearances in 2008 and 2009. The Yankees decided to take a shot on Colon after his more than solid showing in the Dominican winter league, where he played on the team coached by Yankees bench coach Tony Pena. Colon made seven strong starts with an ERA of 1.93 striking out 28 over 37.1 innings. He walked only six batters and only in one game did he allow more than one earned run. Pena thinks he is throwing well so the Yankees are willing to take a low risk shot on him making the rotation. If pitching well in the Dominican Winter League is comparable to the MLB than it should work out well but im not convinced that it does. Either way it is a no risk move and will be fun to watch in spring training. I hope it works out.