NEW YORK (AP) – The Yankees have agreed to one-year contracts with right-handers Phil Hughes and Joba Chamberlain and lefty Boone Logan to avoid arbitration.

Hughes receives $2.7 million for the 2011 season, while Chamberlain will earn $1.4 million and Logan $1.2 million for the Yankees, who lost in the AL championship series to the Texas Rangers in six games a year after winning the 2009 World Series.

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Hughes won a career-best 18 games last season with a 4.19 ERA over 29 starts and 31 appearances and was a first-time All-Star.

Chamberlain went 3-4 with a 4.40 ERA and three saves in 73 outings. Logan was 2-0 with a 2.93 ERA in 51 appearances.

From  the Yankees:

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The New York Yankees today announced they have signed right-handed pitcher Joba Chamberlain, right-handed pitcher Phil Hughes and left-handed pitcher Boone Logan to one-year contracts, avoiding arbitration with all three players.

Chamberlain, 25, was 3-4 with three saves and a 4.40 ERA (71.2IP, 35ER) in a team-leading 73 relief appearances with the Yankees in 2010, working exclusively out of the bullpen for the entire season. Originally selected by the Yankees in Compensation Round A (41st overall) of the 2006 First-Year Player Draft, Chamberlain leads the American League, averaging 8.96 strikeouts/9.0IP since 2008 (min. 300.0IP).

Hughes, 24, went 18-8 with a 4.19 ERA (176.1IP, 82ER) and 146 strikeouts in 31 appearances (29 starts) with the Yankees in 2010, tying for fourth in the AL and tying for seventh in the Majors in wins. He also set career highs wins, innings pitched and strikeouts, earning his first All-Star team appearance. Hughes was the Yankees’ first-round pick (23rd overall) in the 2004 First-Year Player Draft and became the second Yankees pitcher age 24 or younger in the last 45 years to win at least 18 games in a season (also Andy Pettitte in 1996 with 21 wins) and the youngest Yankees right-hander to win at least 18 games in a season since 23-year-old Mel Stottlemyre won 20 games in 1965.

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Logan, 26, was 2-0 with a 2.93 ERA (40.0IP, 13ER) in 51 relief appearances over three stints with the Yankees in 2010, holding left-handed hitters to a .190 (15-for-79, 0HR) batting average. In his first season with the Yankees, he compiled a streak of 25 consecutive scoreless outings from July 21-September 13, marking the second-longest streak by a Yankees pitcher since 1920, trailing only a 28-game scoreless stretch for Mariano Rivera (July 22-October 2, 1999). Logan was acquired by the Yankees in a five-player deal with the Chicago White Sox on December 22, 2009.