Posted by Sabrina B. @gametimegirl

The New York Yankees have agreed to a one-year deal with Raul Ibanez worth around $1 million plus incentives, baseball sources told ESPN The Magazine’s Buster Olney on Monday morning.

The Yankees plan to use Ibanez as a left-handed designated hitter, a source told ESPNNewYork.com’s Andrew Marchand last week.

The Yankees had paused their DH search as they finished up a trade that sent right-hander A.J. Burnett to the Pittsburgh Pirates for two marginal prospects.

The Yankees were to receive $5 million in salary relief from Pittsburgh this year that they could use in part to sign Ibanez.

Ibanez, 39, hit .256 with 16 homers and 60 RBIs against righties in 2012 for the Phillies. If signed, Ibanez will play against righties, but will sit a lot against lefties because Alex Rodriguez and Derek Jeter, among others, will take half-days as DH.

WRITTEN BY Information from ESPNNewYork.com’s Andrew Marchand was used in this report & FULL STORY HERE