The Pirates announced they've agreed to terms on a one-year deal with closer Joel Hanrahan, tweets MLB.com's Jenifer Langosch. The deal is worth $4.1MM, tweets ESPN's Keith Law. The righty can earn an additional $10K for 40 and 45 games finished and $15K each for 50 and 60 games finished, MLBTR has learned. Hanrahan, a client of Reynolds Sports Management, projected for a $4MM salary according to Matt Swartz. He was arbitration eligible for the second time after earning $1.4MM in 2011.
Having signed relievers Jason Grilli and Chris Resop as well, the Pirates still have Garrett Jones, Jeff Karstens, Casey McGehee, Evan Meek, and Charlie Morton on the docket, as our arbitration tracker shows.