One down, three to go. Via Mark Feinsand, the Yankees have avoided arbitration with Phil Hughes, coming to an agreement with the pitcher on a $7.1 million salary for the upcoming season. For what it’s worth, that’s almost $1.5 million more than MLB Trade Rumors projected Hughes to earn in 2013, so he’s coming out pretty well in this arrangement. It also bodes well for his chances on the free agent market next winter, when he’s likely to be the youngest of the available starting pitching options. A good campaign for this year should leave him looking at an AAV in the eight figure range on the open market now. It also makes me wonder again if the Yankees shouldn’t have made an attempt to get Hughes locked up now rather than tempt the market next year, when Plan 189 is in full effect.
IIATMS 327661 commentYankees+avoid+arbitration+with+Hughes2013-01-17+15%3A08%3A18Brien+Jacksonhttp%3A%2F%2Fitsaboutthemoney.net%2F%3Fp%3D32766 Brien Jackson