No word yet on the terms of the deal. Sanchez was projected to make $2.3 M through arbitration this year. The Pirates now have four remaining players eligible for arbitration. Today is the deadline for players and teams to exchange arbitration figures. I'd expect a few more deals to come.
UPDATE 11:36 AM: Jon Heyman reports that Sanchez got $2.3 M, which was his projected price.
Tim is the owner and editor in chief of Pirates Prospects. He started the site in January 2009, and turned it into his full time job during the 2011 season. Prior to starting Pirates Prospects, Tim worked with AccuScore.com, providing MLB, NHL, and NFL coverage to various national media outlets, including ESPN Insider, USA Today, Yahoo Sports, and the Wall Street Journal. He also writes the annual Prospect Guide, which is sold through the site. Tim lives in Bradenton, where he provides live coverage all year of Spring Training, mini camp, instructs, the Bradenton Marauders, and the GCL Pirates.