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NEW YORK (AP) — All-Star catcher Brian McCann has completed his $85 million, five-year contract with the New York Yankees and is to be introduced at a news conference on Thursday at Yankee Stadium.

McCann receives $17 million in each of the next five seasons, and the Yankees have a $15 million option for 2019 with no buyout. The option becomes a player option if McCann has at least 1,000 plate appearances combined in 2017 and 2018, has at least 90 starts at catcher in 2018 and does not end the 2018 season on the disabled list.

The deal announced Tuesday includes a full no-trade provision, meaning he cannot be dealt without his consent.

His agreement raises the Yankees' luxury tax payroll to $116.4 million for nine players.

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