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CC Sabathia: I'm staying with the Yankees

File photo of Yankees pitcher CC Sabathia.

File photo of Yankees pitcher CC Sabathia. Photo Credit: Getty Images

CC Sabathia, not an agent or a team source, announced via Twitter (@CC_Sabathia) that he had agreed to a contract extension with the Yankees.

Many thought that Sabathia would exercise his opt-out clause, which kicked in following the third year of $161-million contract. The Yankees originally signed the big lefty prior to the 2009 season to a seven-year deal.

Below is a video from Sabathia announcing the deal and here is Erik Boland's story on the terms of the contract extension.

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