|12/27/07||Signed RHP LaTroy Hawkins to a one-year contract.|
|12/13/07||Signed 3B Alex Rodriguez to a 10-year contract.|
|12/12/07||Did not offer 2008 contracts to RHP T.J. Beam, RHP Matt DeSalvo, RHP Darrell Rasner and OF Bronson Sardinha, making them free agents.|
|Signed LHP Andy Pettitte to a one-year contract.|
|12/8/07||Designated OF Bronson Sardinha for assignment.|
|12/7/07||Free agent LHP Andy Pettitte accepted arbitration and returned to the Yankees; IF Andy Phillips declined an outright assignment to Triple-A Scranton/Wilkes-Barre and became a free agent.|
|12/5/07||Acquired RHP Jonathan Albaladejo from the Washington Nationals in exchange for RHP Tyler Clippard.|
|12/3/07||Signed C Jose Molina to a two-year contract; Designated 1B Andy Phillips for assignment.|
|12/1/07||Offered salary arbitration to LHP Andy Pettitte, RHP Luis Vizcaino, 3B Alex Rodriguez and RHP Mariano Rivera and declined to offer arbitration to RHP Roger Clemens, C Jose Molina and LHP Ron Villone.|
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