6:04pm: The outfielder can earn as much as $800K in incentives, sources tell Marc Carig of Newsday (Twitter link).
5:44pm: Diaz will earn $1.2MM plus incentives if he makes the big league club, sources tell Feinsand (on Twitter).
5:05pm: The Yankees have agreed to terms with Matt Diaz on a minor league deal with an invite to big league camp, according to Mark Feinsand of the New York Daily News (on Twitter). Feinsand tipped the signing earlier this week when he noted that the outfielder would be a potential fit for the Bombers.
Diaz spent last season with the Braves and posted a .222/.280/.333 batting line in 51 big league games. The Reynolds Sports Management client boasts a career .324/.364/.498 slash line against lefties.