The Seattle Mariners reached an agreement with veteran Raul Ibanez on a one-year deal.
The deal is reportedly worth $2.75 million and allows for Ibanez to earn an additional $1.25 million in performance bonuses.
Ibanez was originally drafted by Seattle and 36th round of the 1992 draft and joins the team for the third time in his career. Ibanez previously played for the Mariners from 1996-2000 and 2004-2008
Ibanez hit .240/.308/.453 for the Yankees with 19 home runs in 425 plate appearances in 2012.
Yankees general manager Brian Cashman had recently indicated that the Yankees were interested in bringing Ibanez back to the Yankees in 2013, but apparently could not reach an agreement.