Andrew Marchand of ESPN New York reports that right-handed starter Nathan Eovaldi has agreed to a one-year, $5.6 million contract for 2016, avoiding the need for a February arbitration hearing. He filed earlier this month at $6.3 million and the Yankees countered at $4.9 million. It didn’t take long for the two sides to find an acceptable middle ground.
This was the second year of arbitration eligibility for Eovaldi, who registered a 4.20 ERA and 121/49 K/BB ratio in 154 1/3 innings (27 starts) last season while earning a salary of $3.3 million.
He’ll play an important role in the Yankees’ rotation for 2016.