Sergio Romo, Giants avoid arbitration with $1.575 million deal

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Sergio Romo and the Giants couldn’t agree to a contract before Tuesday’s deadline to submit arbitration figures, but the two sides have still avoided a hearing with a one-year, $1.575 million deal.

Romo filed for $1.75 million and the Giants countered at $1.3 million, so he ends up getting $50,000 more than the midpoint.

Romo was limited to just 48 innings last season because of an elbow injury, but when healthy he was nearly unhittable with a 1.50 ERA and ridiculous 70/5 K/BB ratio.

This is his first season of arbitration eligibility, so the 28-year-old right-hander is under the Giants’ control through 2014 and will again serve as Brian Wilson’s setup man in 2012.