It looks as though Boston Red Sox GM Theo Epstein won’t be heading to arbitration with closer Jonathan Papelbon as they have come to terms on a 1 year, $9.35 million dollar deal.
Rob Bradford of WEEI.com was the first report the two sides were close to a deal while Gordon Edes of ESPNBoston.com was the first to report the terms.
We still haven’t heard if Jeremy Hermida, Manny Delcarmen and Ramon Ramirez have come to deals to avoid an arbitration hearing. But I would suspect that they won’t be going to arbitration and we’ll be hearing about the details in the coming hours.
Papelbon made $6.25 million last season and continues to set the bar for arbitration-eligible closers.
Update: According to Sean McAdam of CSNNE.com, the Red Sox also came to terms with Delcarmen and Ramirez. Declarmen will get $905,000 while Ramirez will get $1.15 million.
