Yankees and Russell Martin avoid arbitration with one-year, $7.5 million deal

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Anthony McCarron of the New York Daily News passes along word that the Yankees and Russell Martin have avoided arbitration by agreeing to a one-year contract. David Waldstein of the New York Times reports that he’ll make $7.5 million with the chance for $100,000 in performance-based incentives.

Martin requested $8.2 million and was offered $7 million from the Yankees when arbitration figures were exchanged a week ago, so they’ll meet at the midpoint if he reaches all incentives.

Martin joined the Yankees last offseason on a one-year, $4 million deal after being non-tendered by the Dodgers. The 28-year-old backstop batted .237/.324/.408 with 18 homers, 65 RBI and a .732 OPS in 2011 while throwing out 30 percent of attempted basestealers. He can become a free agent next offseason.