Papelbon not heading to a hearing
|01.19.10 at 2:06 pm ET|
Jonathan Papelbon has a one-year deal in place with the Red Sox that would be in the neighborhood of $9 million. (Update: The deal is for $9.35 million, with Papelbon getting a $50,000 bonus for 60 games finishes — he finished 59 in 2009.)
The parameters of the deal evidently were reached just prior to the noon deadline for the two sides to exchange arbitration figures, as was also the case last year.
Papelbon would become the highest paid closer with four-year service time, surpassing Eric Gagne’s mark of $8 million annually. Some other comparable contracts earned by four-year closers were Bobby Jenks ($7.5 million), Mariano Rivera ($7.25), and Francisco Rodriguez ($7.1). Rodriguez would make a record $10 million in his third year of arbitration eligibility.
Multiple reports also suggest relievers Manny Delcarmen and Ramon Ramirez have avoided an arbitration hearing by agreeing to one-year deals with the Red Sox. It would leave outfielder Jeremy Hermida as the only arbitration-eligible player on the Sox to not have inked a deal.
Latest from Bleacher Report
- November Notes: Prospect rankings and new CBA
- Fall/Winter League Roundup: Vazquez belts walk-off home run
- Fall/Winter League Roundup: Devers, Hernandez stand out in Dominican winter league
- Podcast Ep. #109: Alex Speier on Ranking the System
- Fall/Winter League Roundup: Vazquez debuts, Tavarez, Mars stay hot
- Podcast Ep. #108: 2016 Rankings Special
- Fall/Winter League Roundup: Kopech continues to dominate
- October Notes: Fall ball and front office changes
- Fall/Winter League Roundup: Moncada sidelined by thumb sprain
- Help Wanted: Web Editors & Social Media Specialists