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
- Cup of Coffee: Benintendi powers Greenville to victory
- Cup of Coffee: Callahan helps move Greenville into wild card lead
- Podcast Ep. 84: Mailbag extravaganza!
- Cup of Coffee: Longhi, Watkins power Greenville playoff push
- Cup of Coffee: Drive step closer to playoffs behind Drehoff, Moncada
- Cup of Coffee: Season comes to an end for DSL Red Sox
- Cup of Coffee: DSL Sox drop playoff opener; Espinoza dominates
- Weekly Notes: Greenville lineup turning heads
- Cup of Coffee: McGrath lights-out, Sea Dogs' bats back Wilkerson
- Cup of Coffee: Perez helps GCL Red Sox clinch division