The last time the Boston Red Sox went to salary arbitration with a player it was 2002. And with the hearing scheduled for David Ortiz today at 2 p.m., it looked as though the streak would end.

MLB player and former Sportsman of the Year David Ortiz attends the 2011 Sports Illustrated Sportsman of the Year award presentation at The IAC Building on December 6, 2011 in New York City.But according to a report from Buster Olney of ESPN, the Red Sox and Big Papi have agreed on a one-year deal worth $14.575 million. Nick Cafardo of the Boston Globe has confirmed that a deal has been done as well.

Big Papi had asked for $16.5 million and the Red Sox were offering $12.65 million so the two sides settled in the middle. The Red Sox had been trying to sign Papi to a two-year deal to lower their luxury tax number. It’s still possible they could agree to a two-year deal before the season starts.

Ortiz is coming off a 2011 season where he hit .309 with 29 home runs and 96 RBIs.

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