The Yankees and D-Rob each submitted their arbitration salary figures yesterday, starting what could be the only arbitration situation New York enters this offseason. Their other 3 remaining arbitration-eligible players all signed 1-year deals this week, the final ones they'll sign before all 3 become free agents next offseason. How do all those deals look? Glad you asked.
Joba Chamberlain- 1 year/$1.875 million. Good for Joba getting a raise after 2 straight injury-shortened season, and given his tenure and likely status as the pitcher next in line behind D-Rob for the setup role with Soriano gone, I think it's a fair deal.
Boone Logan- 1 year/$3.15 million. A significant hike from the $1.875 he made in 2012, but understandable given the very good body of work he's had in a Yankee uniform and the importance the LOOGY role has taken on in the past few seasons. A jump to over $3 mil in his final arb year should set Logan up nicely for life on the open market in 2014, and I think now the Yanks are much more likely to let him walk than try to bring him back on a multi-year deal for that kind of money.
Phil Hughes- 1 year/$7.15 million. I'm a little surprised this number was so high for Hughes. He had 1 slightly above-average year as a starter at league minimum in 2010, 1 below-average year at $2.7 mil in 2011, and another slightly above-average year at $3.2 mil in 2012. I said I thought Hughes was going to be valuable as the only under-30 starting pitcher on the market next offseason, and the Yankees may have just helped usher him out the door with this $7+ mil deal. If Hughes pitches better than he did in 2012 this season, he's going to be looking at offers of $10 mil per easily.
Joel Sherman says it (He said it last August too): "Maybe these Yanks would be better off getting clobbered by the lowly White Sox this weekend, having their fate fully defined and taking advantage of pitching needs with the Angels and Dodgers to see if they could trade McCarthy and/or Hiroki Kuroda/"
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