Yankees bringing back Tim Hill on $2.5 million deal as David Bednar decision looms

The Yankees’ first move of the offseason is bringing back a familiar arm.

The team and lefty reliever Tim Hill have agreed to a one-year, $2.25 million deal that includes a $2.5 million club option for 2028, The Post’s Joel Sherman confirmed on Sunday.

Brian Cashman acknowledged at the GM meetings last week that his main priority is rebuilding his bullpen, with Hill marking the first step in that plan.

The 36-year-old sidearmer pitched to a 4.60 ERA across 67 appearances last season, getting beat up more in the second half, but remained a lefty killer, holding them to a .213 batting average and .611 OPS.

The ground ball specialist gave up a career-high 12 home runs, though seven of them were to right-handed hitters.

Over two and a half seasons with the Yankees, Hill has recorded a 3.34 ERA while standing out for his ability to pitch almost every day.

The veteran was also getting interest from the Guardians, Dodgers, Mets and Giants.

The Yankees still have more work to do in shoring up their bullpen, most notably trying to bring back David Bednar.

They extended the $23.15 million qualifying offer to Bednar and the closer has until Tuesday to accept or reject it.

In the meantime, Hill joins fellow lefty Brent Headrick as the two locks for the 2027 bullpen as the Yankees try to get their work done before the impending lockout at midnight on Dec. 1.