"Of course I want to stay here," said Rivera, who made $10.5 million last year while going 5-2 with a 1.66 ERA and 40 saves in 46 opportunities, giving him 283 saves for his career.
Rivera is entering the final season of a four-year, $39.9 million contract and is seeking a four-year extension.
The bar, however, has changed since Rivera last was at the bargaining table.
Considering the Dodgers' Eric Gagne, who converted 55 straight save opportunities, was seeking $8 million and settled for $5 million in arbitration, it's not inconceivable the parameters could range between $18 million and $24 million.
The Yankees are inclined to counter with three years and an option.
General manager Brian Cashman wouldn't say there's a timetable to sign Rivera before the end of spring training, but he made it clear retaining the closer was a priority.
Rivera flexed his arm and said "everything is good," and when a reporter pointed to his head and asked how he was doing mentally, he said, "great."
At 34, it's conceivable this could be Rivera's final contract.
"I think we can get to an agreement on an extension," Rivera said. "I want to remain a Yankee."
Yankees Working On Re-Signing Rivera
Pinstripes Plus Top Stories
Scouting Yanks Prospect #14: Wilkerman GarciaThe New York Yankees signed shortstop Wilkerman Garcia out of Venezuela for a reported $1.35 million in July of 2014. Statistically he cooled off in his second professional season…
Pinstripes PlusYesterday at 8:44 PM
Scouting Yankees Prospect #15: Freicer PerezThe Yankees signed right-handed pitcher Freicer Perez out of the Dominican Republic back in early 2015. A low dollar, high-ceiling signing at the time, few talent evaluators could…
Pinstripes PlusThursday at 8:57 PM
Q&A Jody Reed - Part IIIWe sat down with Yankees' minor league field coordinator Jody Reed for a Q&A session to discuss various Yankees prospects. In the third and final part of this three-part series we…
Pinstripes PlusWednesday at 8:47 PM
Q&A Jody Reed - Part IIWe sat down with Yankees' minor league field coordinator Jody Reed for a Q&A session to discuss various Yankees prospects. In part two of this three-part series we get his…
Pinstripes PlusTuesday at 8:56 PM
Q&A Jody Reed - Part IWe sat down with Yankees' minor league field coordinator Jody Reed for a Q&A session to discuss various Yankees prospects. In part one of this three-part series we get his initial…
Pinstripes PlusMonday at 8:57 PM