The contract has a club option for a third season.
The Phillies bolstered their bullpen, signing one of the most consistent relievers in the game Thursday. The Yankees can exercise a fourth-year option after the 2020 season worth $14 million, making the total value of the deal up to $53 million, sources said. He had seven saves while posting a 3.10 ERA through 40 2/3 innings with NY.
Robertson will bolster the back of the bullpen, and he could be the closer for Philadelphia or he could set up for Seranthony Dominguez. He returned to NY in the July 2017 trade that also sent third baseman Todd Frazier and pitcher Tommy Kahnle to the Yankees in exchange for reliever Tyler Clippard, outfield prospect Blake Rutherford and two other minor leaguers. The Boston Red Sox were also reportedly interested in Robertson, who wanted to stay in the Northeast but believed he wanted a three-year deal. Robertson faced the Phillies in the 2009 World Series with the Yankees, throwing 2 1/2 scoreless innings with two strikeouts over as many appearances.
The Rangers, who don't appear to have any near-terms hopes of competing, are somewhat of a shocking entry to the upper reaches of the free-agent 'pen market.