According to Marc Topkin of the Tampa Bay Times (still weird typing that), the Rays have successfully avoided arbitration with one-year deals for David Price, BJ Upton, and Burke Badenhop. No deal was reached with Jeff Niemann, who will now have his 2012 salary determined by an arbitrator.
Price’s 2012 salary will be $4.35 million. He made $1.25 million in 2011 as the fifth year of the six-year deal he signed after being drafted. However, Price had the option to opt-out of the final year of that deal as a result of being arbitration eligible.
Upton’s 2012 salary will be $7 million. He made $4.8 million in 2011.
Badenhop, who was recently acquired from the Marlins in a trade earlier this off-season, will make $1.075 million.
This is good news for the Rays. According to MLB Trade Rumors, Price was projected to make $7.8 million in arbitration and Upton was projected at $7.6 million.