11:18pm: Bailey will earn a prorated base salary of $1.975MM if he works his way up to the Major League club, Olney reports. All told, the Major League side of the deal is valued at $2.5MM, and includes a 2015 option and buyout. 8:57pm: The Yankees have agreed to an incentive-laden minor league deal with Andrew Bailey, ESPN's Buster Olney reports. MLBTR's Tim Dierkes was the first to report that the sides were close to a deal (via Twitter). Bailey, 29, had surgery to repair a torn labrum in his shoulder in July, and was not tendered a contract by...

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