The Red Sox and Alfredo Aceves have avoided arbitration by agreeing to a one-year, $1.2MM deal with $100K in bonus incentives, tweets Nick Cafardo of the Boston Globe. In addition to the $1.2MM base, Aceves will receive $25K for 5, 10, 15 and 25 starts or 55, 60, 65 and 70 appearances, according to Alex Speier of WEEI.com.
The two sides settled right around the midpoint as the Red Sox offered $950K and the right-hander was seeking $1.6MM, according to MLBTR's Arbitration Tracker. The O'Connell Sports Management client has just over three years of service time to his credit and isn't set to hit the open market until after the 2014 season.
With Aceves signed, Boston has just one arbitration case left to tackle in David Ortiz.