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Yankees, Russell Martin Agree At 1 Year, $7.5M

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(credit: Al Bello/Getty Images)

(credit: Al Bello/Getty Images)

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NEW YORK (WFAN/AP) – All-Star catcher Russell Martin and the Yankees avoided salary arbitration when they agreed to a $7.5 million, one-year contract.

The deal, announced Tuesday, was $100,000 under the midpoint between the $8.2 million he had asked for in arbitration and the $7 million the Yankees had offered when proposed salaries were exchanged last week.

According to CBSSports.com’s Jon Heyman, the deal includes $100,000 in incentives.

Martin hit .237 with 18 homers and 65 RBIs last year for the Yankees, who signed him after the Los Angeles Dodgers failed to offer a contract. He had a $4 million base salary and earned $1,375,000 in performance bonuses.

He is eligible for free agency after next season.

Lefty reliever Boone Logan is the last Yankees player still in arbitration.

Good deal for both sides? Sound off below…

(TM and Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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