The news comes courtesy of USA Today's Bob Nightengale.
The 29-year-old Hicks hit .248 in 480 plate appearances for the Yankees last season. Solid power numbers (27 home runs), a very good walk rate (15.5 percent), and above-average defense made Hicks a nice all-around player for New York last season.
Hicks projects to be the Yanks' every day center fielder this upcoming season. Injuries have consistently undermined Hicks and his potential so far in his career, only playing over 100 games twice since entering the league with the Minnesota Twins in 2013.
New York still has six remaining players eligible to swap proposed salaries Friday: shortstop Didi Gregorius; starting pitchers Luis Severino, James Paxton and Sonny Gray; and relievers Dellin Betances and Tommy Kahnle.
Hicks joins first baseman Greg Bird and backup catcher Austin Romine as Yankees to be signed to one-year deals Friday.