Jan 26, 2012, 10:15 AM EST
Bailey submitted a $4.7 million figure for arbitration while the Red Sox countered at $3.35 million, so he ends up accepting $100,000 less than the midpoint. And he can make up for that with the $100,000 in potential incentives included in the deal.
This is Bailey’s first season of arbitration eligibility, so he’s under the Red Sox’s control through 2014.
Boston gave up Josh Reddick, Miles Head, and Raul Alcantara to get Bailey and Ryan Sweeney from Oakland last month, bringing him in as Jonathan Papelbon‘s replacement after Bailey saved 75 games with a 2.07 ERA in three seasons for the A’s. Bailey is 27 years old, so a long-term deal could make sense, but his elbow problems mean the Red Sox will likely want to go year-to-year for now.
- Keith Law Ranks the Farm Systems: Yay for Chicago! Boo for Detroit! 14
- Great Moments in Media Arrogance: Marshawn Lynch edition 153
- Nationals sign former Blue Jays closer Casey Janssen 10
- Ichiro Suzuki’s deal with the Marlins is worth $2 million 33
- Orioles acquire outfielder Travis Snider from Pirates 36
- Not so fast on the Bud Selig Hall of Fame talk 50
- Blue Jays sign president and CEO Paul Beeston to extension through 2015 26
- Reds sign four-year contract extension with Devin Mesoraco 11
- Great Moments in Media Arrogance: Marshawn Lynch edition (154)
- Rob Manfred, new Major League Baseball commissioner, suggests ban on defensive shifts (118)
- Why “Deflategate” would never happen in baseball (94)
- The Yankees are going to try to get out of paying A-Rod his contract incentives (83)
- Comments of the Day: some of you guys aren’t big Bud Selig fans (77)