Wednesday, January 25, 2012
New Closer Andrew Bailey Agrees To 1-Year Deal With The Boston Red Sox
The list of players eligible for salary arbitration with the Boston Red Sox gets shorter by the day.
It was new closer Andrew Bailey's turn to get paid today as he agreed to a one-year deal worth $3.9 million. In penny-pinching Oakland last season, he made $465,000. He asked for $4.7 million and the Red Sox offered $3.35 million.
The 27-year-old Bailey can earn an additional $100,000 in performance bonuses: $50,000 for finishing 50 games and another $50,000 for finishing 55 games.
You'll remember that Bailey was acquired before New Year's in a deal with the A's. Boston got him and outfielder Ryan Sweeney in exchange for outfielder Josh Reddick, infield prospect Miles Head and minor league pitcher Raul Alcantara.
Now it comes down to David Ortiz and Alfredo Aceves who are the only remaining members of the Red Sox that are eligible for salary arbitration.
UPDATE 1/26: The Red Sox officially signed Cody Ross today and designated reliever Scott Atchison for assignment.
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