Feb 5, 2012, 9:32 AM EDT
The deal also carries $100K worth of incentives.
Aceves requested $1.6 million and was offered $950,000 from the Red Sox when arbitration figures were exchanged last month. It took several weeks, but the two sides have found a middle ground.
The 29-year-old will get a shot at a rotation spot this spring after posting an impressive 2.61 ERA across 114 innings (four starts, 51 relief appearances) in 2011. He’s under contract control through the 2014 season.
- Rangers activate Josh Hamilton from disabled list, send prospect Joey Gallo to Triple-A 2
- Huston Street says he’d retire if he was used like a 1970s-style fireman 39
- CC Sabathia looks like a reliever 23
- And That Happened: Monday’s scores and highlights 55
- AL All-Star voting update: now “only” five Royals in the starting lineup 59
- Andy MacPhail introduced by the Phillies. And the first topic of conversation is sabermetrics 20
- What a world: Orioles are in first place and Ubaldo Jimenez has been their ace 16
- Settling the Scores: Sunday’s results 99
- With the same-sex marriage decision, the San Francisco Giants get another big win (275)
- Joe Maddon is the latest manager to rip instant replay. He’s got a point. (109)
- Settling the Scores: Sunday’s results (99)
- And That Happened: Monday’s scores and highlights (79)
- And That Happened: Wednesday’s scores and highlights (75)