Montgomery signed a one-year, $6 million contract with the Yankees on Tuesday to avoid arbitration, Kiley McDaniel of ESPN.com reports.
Montgomery was a solid rotation piece for New York last season with a 3.83 ERA over a career-high 157.1 innings, and he'll receive a raise for his penultimate year of arbitration eligibility after making $2.13 million in 2021. The 29-year-old southpaw will be a key rotation piece again for the Yankees this year.