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.
- Blue Jays sign Dayan Viciedo to a minor league deal 3
- Chris Sale will be sidelined for three weeks with foot fracture 10
- Aramis Ramirez says 2015 will be his last year 31
- Francisco Rodriguez re-signs with the Brewers 9
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended 293
- Pirates open to massive extension for Andrew McCutchen 18
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” 86
- Yankees don’t plan on having to pay A-Rod’s $30 million in home run milestone bonuses 51
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (295)
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks (131)
- Report: The Yankees were “fuming” at how A-Rod handled his early arrival to spring training (114)
- Cuban prospect Yoan Moncada reportedly signs with the Red Sox for $31.5 million, plus $31.5 million in penalties (106)
- Brian Sabean says that California taxes are a hindrance to the Giants signing free agents (102)