Florida Marlins' Jeremy Hermida follows through on a RBI single off of Los Angeles Dodgers pitcher Brent Leach during the seventh inning of a baseball game in Los Angeles on Friday, July 24, 2009. Cody Ross scored on the play - AP PhotoWith Boston Red Sox GM Theo Epstein having wrapped up 3 of the 4 arbitration-eligible players on the team, the lone remaining holdout is outfielder Jeremy Hermida.

According to Ed Price of Fanhouse, the two sides exchanged figures with Hermida asking for $3.850 million and the Red Sox offering $2.950 million.

The next step in the process is to have a date set for an arbitration hearing. But I honestly don’t think it will get that far. Just because the two sides didn’t reach an agreement doesn’t mean they’ll necessary go to arbitration.

They can still work out a deal and avoid Theo’s first arbitration hearing while being the GM of the Red Sox. My guess is they met somewhere in the middle.