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Phil Hughes avoids arbitration with one-year deal
Posted By Chad Jennings On January 16, 2013 @ 5:36 pm In Misc | Comments Disabled
The Yankees just announced that Phil Hughes has agreed to a one-year contract, avoiding arbitration. The terms of the deal were not announced, but this is Hughes’ third and final year of arbitration and MLBTradeRumors  — which has an awfully good formula for predicting this sort of thing — estimated a $5.7 million deal for Hughes.
Dave Robertson, Joba Chamberlain and Boone Logan are the Yankees remaining arbitration eligible players without a contract.
UPDATE: A source says Hughes got $7.15 million.
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 MLBTradeRumors: http://www.mlbtraderumors.com/2012/10/projected-arbitration-salaries-for-2013.html