Giants, Pence Avoid Arbitration

The Giants avoided arbitration with Hunter Pence, agreeing to a one-year, $13.8MM contract for 2013, Jon Heyman of reports (on Twitter). Beverly Hills Sports Council represents the right fielder.

In his work for MLBTR, Matt Swartz projected Pence would earn precisely $13.8MM in his final year of arbitration eligibility. Pence, a super two player, will hit free agency following the 2013 season. Pence's $13.8MM salary establishes a new high for arb eligible players this offseason, surpassing Matt Garza's $10.25MM salary.

The Giants have five remaining arb eligible players, as MLBTR's Arbitration Tracker shows. Joaquin AriasGregor BlancoClay HensleyBuster Posey and Sergio Romo are San Francisco's other eligible players.

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