The Boston Red Sox today agreed to terms with right-handed pitcher Andrew Bailey on Wednesday a one-year contract worth $3.9 million.
The deal avoids arbitration. Bailey, who made $465,000 last year, asked for $4.7 million; the team offered $3.35.
Bailey was acquired from the Oakland Athletics this winter. The 27-year-old right-hander converted 24 of 26 save opportunities with a 3.24 ERA for the A's in 2011.
Designated hitter David Ortiz and right-hander Alfredo Aceves are the only remaining Red Sox players eligible for salary arbitration.