The Giants avoided arbitration with Hunter Pence, agreeing to a one-year, $13.8MM contract for 2013, Jon Heyman of CBSSports.com 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 Arias, Gregor Blanco, Clay Hensley, Buster Posey and Sergio Romo are San Francisco's other eligible players.