The Pittsburgh Pirates have agreed to a one year deal with closer Joel Hanrahan, avoiding arbitration. The terms of the deal aren't yet known. Hanrahan was projected for a $4 M salary through arbitration, after earning $1.4 M in 2011.
UPDATE 10:40 AM: Per Keith Law, Hanrahan receives $4.1 M. The 2012 40-man roster/payroll is updated.
UPDATE 10:50 AM: MLBTR reports that Hanrahan will receive an additional $10 K each for 40 and 45 games finished, and $15 K each for 50 and 60 games finished. Hanrahan had 59 games finished last year in his first full season as the Pirates' closer....
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