The Royals have avoided arbitration with Luke Hochevar, agreeing to a one-year contract with the right-hander, tweets Bob Dutton of the Kansas City Star. The club has confirmed the signing in a press release, and Jon Heyman of Sports Illustrated tweets the deal is worth $1.76MM.
Hochevar, the first overall pick of the 2006 draft, is still looking for the breakout season that would pay off that high draft selection. He missed over two months of the 2010 season with an elbow strain but contributed a 4.81 ERA and a 2.05 K/BB ratio in 18 games, 17 of them starts. This was Hochevar's first year of arbitration eligibility.
Hochevar is the third arbitration-eligible player to reach a deal with Kansas City this winter, following Wilson Betemit and Brayan Pena. That's three players down and four to go for the Royals, as you can follow on the MLBTR Arb Tracker.