CC signed a deal worth 160mil for 7 years. That's what I heard on the radio on my way back to work on lunch.
ESPN The Magazine's Buster Olney reported that to get the deal completed, the Yankees added a seventh year to their original six-year, $140 million offer, bringing the total package to seven years and $161 million -- at $23 million a season, by far the biggest contract for any pitcher in history. He also confirmed that Sabathia can opt out of the deal after three years -- addressing his concerns about living in New York with his wife and children.
http://sports.espn.go.com/mlb/news/story?id=3759182