The Yankees avoided arbitration with Melky Cabrera and Xavier Nady.  Nady signed for $6.55 Million and Cabrera for $1.4 Million.  Both are one year deals.  Cabrera had asked for $1.7 Million and the Yankees offered $1.2 Mil.  They settled on a deal quickly after the numbers were exchanged.  Nady agreed to terms with the Yankees before numbers were exchanged.

This leaves only Brian Bruney unsigned and headed towards arbitration.  Bruney has asked for $1.55 Million and the Yankees have offered $1.1 Mil.