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
- Felix Doubront traded to Cubs for PTBNL
- Cup of Coffee: Owens lifts Portland, Guzman's big day not enough for Greenville
- Justin Haley promoted to Portland; Jonathan Aro moved up to Salem
- Players of the Week, 7/21-27: Brian Johnson & Travis Shaw
- Cup of Coffee: Rain can't dampen Augliera, Swihart
- Weekly Notes: Trade deadline approaches
- Cup of Coffee: Light continues to shine, Portland mounts a comeback
- Red Sox acquire two pitching prospects in Peavy trade
- Cup of Coffee: Pawtucket pushes streak to 11 games
- Cup of Coffee: Johnson strikes out 12 in win, Betts leads PawSox in route