Yankees and RHP Devin Williams avoided arbitration by agreeing to a one-year, $8.6 million contract.

Yankees manager Aaron Boone told reporters Wednesday that Devin Williams will be the closer for the Yankees.

Yankees acquired RHP Devin Williams from the Brewers for LHP Nestor Cortes, INF Caleb Durbin and cash considerations.

Jeff Passan of ESPN reports that the Yankees have acquired Devin Williams from the Brewers.