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New York, NY (Sports Network) - The New York Yankees and outfielder Raul Ibanez have reportedly agreed on a one-year contract.

According to the New York Daily News, Ibanez must still pass a physical before the deal becomes official. The paper said he will earn a salary of $1.1 million.

The 39-year-old Ibanez will fill a need for a lefty-swinging designated hitter and will add depth to the team's outfield that will be manned by Brett Gardner, Curtis Granderson and Nick Swisher.

Other candidates that were reportedly in the mix were former Yankees Johnny Damon and Hideki Matsui.

The Yankees were able to free up some money to add a bat when they finalized a trade that sent pitcher A.J. Burnett to Pittsburgh.

Ibanez appeared in 144 games last season, including 134 in left field, for the Phillies and batted .245 with 20 homers and 84 runs batted in. He spent three seasons in Philadelphia, driving in at least 80 runs each year.

In 1,817 games over 16 seasons with Seattle, Kansas City and Philadelphia, Ibanez has 252 homers, 1,054 runs batted in and a .280 batting average. He was an All-Star for the first and only time with the Phillies in 2009.