Jan 26, 2012, 10:15 AM EDT
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.
- And That Happened: Thursday’s scores and highlights 43
- MLBPA files grievance against Astros in regard to draft pick situation 30
- The eyes have it: Thomas’ greatness built on patience 14
- Expert’s Corner: How to troll fans of all 30 teams 191
- Mariners re-acquire Kendrys Morales from Twins for Stephen Pryor 21
- A’s designate $10 million reliever Jim Johnson for assignment 35
- Everything you need to know about next week’s trade deadline 35
- Impending free agent Jon Lester won’t talk contract with the Red Sox until after the season 19
- Expert’s Corner: How to troll fans of all 30 teams (191)
- Verducci: baseball should think about an “illegal defense” rule to combat shifts (162)
- Yankees acquire Chase Headley from Padres (108)
- Who is the next Face of Baseball? (97)
- David Ortiz passes Carl Yastrzemski on the all-time home run list — is he a Hall of Famer? (92)