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