Wednesday, February 20, 2013

No salary arbitration cases go to hearings

NEW YORK (AP) ? Major League Baseball pitched an arbitration shutout.

Reliever Darren O'Day completed a $5.8 million, two-year contract with the Baltimore Orioles on Monday, becoming the 133rd and final player to settle without a hearing among the 133 who filed for arbitration Jan. 13.

This was the first year since arbitration began in 1974 that no player who filed went to a hearing.

Baseball's previous record low was three hearings, set in 2005 and matched in 2009 and 2011. Arbitration was suspended in 1976 and 1977 while free agency was put in place.

The high was 35 hearings in 1986, but teams have signed more of their young stars to contracts before hearings, giving many of them multiyear deals.

O'Day gets $2.2 million this year and $3.2 million in 2014. The Orioles have a $4.25 million option for 2015 with a $400,000 buyout. The 30-year-old right-hander was 7-1 with a 2.28 ERA in 69 games last year.

Source: http://news.yahoo.com/no-salary-arbitration-cases-hearings-144319559--mlb.html

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