Knebel, 28, was projected by MLB Trade Rumors to earn $5.125 million in his second year of arbitration eligibility. The right-hander missed the entire 2019 season recovering from Tommy John surgery. It is unlikely he will be ready for the start of the 2020 regular season.
Knebel had a career year in 2017, pitching in a league-high 76 games while posting a 1.78 ERA with 39 saves, and 126 strikeouts over 76 innings. He followed it up with a solid 2018 campaign, saving 16 games with a 3.58 ERA and 88 strikeouts over 55 1/3 innings.
The Brewers have a ton of work to do this offseason. Getting Knebel back in the first half pitching effectively will be a huge boon to the team.