Randy Johnson and the Diamondbacks agreed to a two-year, $26 million extension yesterday. According to Peter Botte in The Daily News:

The Associated Press reported his new deal as two years for $26 million, with $12 million in signing bonuses spread over the next four years ($3.5 million, $0.5 million, $4 million and $4 million). Johnson also will earn salaries of $4 million this season, half of which will be paid by the Yankees, and $10 million in 2008. Arizona also owes him more than $40 million in deferred payments and interest through 2012 from his previous stay with the D-Backs.

The Big Unit will have a physical today. If everything is copacetic, the trade will be complete.

Also, Miguel Cairo signed a one-year, $750,000 deal this weekend, to return as the Bombers’ utility infielder. He needs to pass a physcial before the deal is official. This likely spells the end of Bernie Williams’ fine career in pinstripes. While this is not a shock, I am curious to see what how the Yankees handle Bernie. Will he retire? Will he go someplace else for a couple of few years? Which one of these?