Francisco Rodriguez accepts arbitration from Brewers

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The Brewers offered arbitration to free agent right-hander Francisco Rodriguez last month in order to fetch draft picks when he signed elsewhere.

But the reliever market has been rough since Jonathan Papelbon scored a massive deal from the Phillies and now it appears that Milwaukee will be stuck with a high-priced setup man in 2012.

According to Tom Haudricourt of the Milwaukee Journal-Sentinel, K-Rod will “probably” accept the Brewers’ offer of salary arbitration later tonight.

Rodriguez earned $11.5 million in 2011 and stands to make around $14 million for 2012 through the arbitration process. He posted a strong 2.64 ERA and 79/26 K/BB ratio over 71 2/3 innings this past year, but the low-budget Brewers don’t typically overpay relievers. Perhaps a trade will be coming.

UPDATE: MLB.com’s Adam McCalvy confirms that K-Rod has accepted arbitration.