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RHP Justin Masterson, Indians agree at $9,762,500

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February 18, 2014 03:02 PM EST | AP


GOODYEAR, Ariz. (AP) — Pitcher Justin Masterson and the Cleveland Indians have agreed to a one-year contract worth $9,762,500 and avoided a salary arbitration hearing.

The agreement Tuesday was $162,500 below midpoint of the $11.8 million he had asked for and the $8.05 million Cleveland had offered when players and teams swapped proposed arbitration salaries last month.

Masterson's request was the highest among players who exchanged figures. A hearing had been scheduled for Thursday.

Masterson, a 28-year-old right-hander, led the Indians in wins last year when he went 14-10 with a 3.45 ERA. He can earn additional award bonuses as part of the deal.

Masterson will be eligible for free agency after this season.