Many contracts have been signed over the past few days and many clubs are extremely happy to have avoided arbitration.
Here are the players who have recently signed:
Justin Morneau, 1B, Minnesota TwinsSigned a one-year, $7.4 million deal
The 26 year old made $4.5 million last year. The Twins have been trying to get him to sign a multi-year deal, and will still continue to pursue the possibility of locking up Morneau for around five years.
Mark Teixeira, 1B, Atlanta Braves
Signed a one-year, $12.5 million deal
He made $9 million in 2007. Like the Twins, the Braves will continue to try working on a multi-year deal. Speculation is that Teixeira could earn as much as $20 million every year on the free agent market. Teixeira's deal also includes up to $315,000 in incentives.
Carlos Pena, 1B, Tampa Bay Devil Rays
Signed a three-year, $24.125 million deal
"[The deal is] awesome...It's extremely exciting. I get to be in a place I absolutely love, around people that I love and people that I know care about me. It couldn't be any better. I'm pumped. We're celebrating.''
Matt Holliday, 1B, Colorado Rockies
Signed a two-year, $23 million deal
The Rockies will continue to attempt to lock him up to a long-term deal. Rockies GM Dan O'Dowd said, "This is the first step in a process we hope will lead to a long-term relationship with him..."
Scott Downs, RP, Toronto Blue Jays
Signed a three-year, $10 million deal
Downs had a great year last year, with a 2.17 ERA in 81 relief appearances.
Miguel Cabrera, 3B, Detroit Tigers
Signed a one-year, $11.3 million deal
The Tigers hope to keep him with a long-term deal. He also has $75,000 in incentives.
Other Signings
Jason Kubel, LF, Minnesota Twins: One year, $1.3 million
Juan Rincon, RP, Minnesota Twins: One year, $2.475 million
Willy Taveras, CF, Colorado Rockies: One year, $1.975 million
Bobby Seay, RP, Detroit Tigers: One year, $780,000
Marco Scutaro, SS/2B, Toronto Blue Jays: Two year, $2.65 million
Jason Frasor, RP, Toronto Blue Jays: One year, $1.125 million
Gustavo Chacin, RP, Toronto Blue Jays: One year, $725,000
Brian Tallet, RP, Toronto Blue Jays: One year, $640,000
Horacio Ramirez, SP, Seattle Mariners: One year, $2.75 million
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