Jennings says Hafner’s new deal with the Yankees is being finalized and could be announced as soon as today. It’s a one-year contract which guarantees the veteran slugger in the range of $2 million, according to Ken Davidoff of The New York Post.

Hafner will be used exclusively against right-handed pitching as a left-handed-hitting DH. The 35-year-old owns a career batting line of .287/.391/.534 against right-handers, and his power is a nice fit for Yankee Stadium.

Hafner reached free agency following the season when the Indians elected to buy out his remaining contract for $2.75 million rather than exercise his $13 million option for 2013. He has struggled with injuries over the past few seasons, as he hasn’t registered more than 400 at-bats since 2007.

Still, this seems to be a nice investment on the part of the Yankees, as they won’t be committing much to a player with a solid track record and potential to post a productive season in the Big Apple.