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Yankees and Eric Chavez agree to one-year contract

Toronto Blue Jays v New York Yankees

NEW YORK, NY - MAY 01: Eric Chavez #12 of the New York Yankees looks on from the dugout during the game against the Toronto Blue Jays at Yankee Stadium on May 1, 2011 in the Bronx borough of New York City. The Yankees defeated the Blue Jays 5-2. (Photo by Chris Trotman/Getty Images)

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After finalizing a contract with Raul Ibanez earlier today, the Yankees have quickly moved on to the next item on their agenda.

Jon Heyman of CBSSports.com reports that the Yankees and Eric Chavez have agreed to a contract, pending a physical. Ken Rosenthal of FOXSports.com adds that it’s a one-year, $900,000 deal which includes incentives.

Chavez batted .263/.320/.356 with two homers, 26 RBI and a .676 OPS over 175 plate appearances with the Yankees last season. The 34-year-old missed a large chunk of the year due to a fractured foot and is a poor bet to stay healthy, but he currently projects as Alex Rodriguez’s primary backup at third base. Barring an injury, Ramiro Pena figures to open the season with Triple-A Scranton/Wilkes-Barre.