The Pittsburgh Pirates and Joel Hanrahan have agreed to a one year deal, avoiding arbitration, according to Rocco DeMaro on Twitter. No word yet on the amount of the deal. I had estimated $2 M on the 40-man roster/payroll projection page.
The market for relievers has been high this off-season, and that only strengthened today when Heath Bell and Matt Capps each received over $7 M to avoid arbitration. Capps and Bell would have each been in their final years of arbitration, which explains the high price.
I’ll update this post when more details are announced.
UPDATE 4:55 PM: Colin Dunlap tweets that the Pirates’ deal with Hanrahan is for $1.4 M. That’s $600,000 less than I projected. The 40-man roster/payroll projection is now updated. The projected payroll is now just under $40 M.
Tim started Pirates Prospects in 2009 from his home in Virginia, which was 40 minutes from where Pedro Alvarez made his pro debut in Lynchburg. That year, the Lynchburg Hillcats won the Carolina League championship, and Pirates Prospects was born from Tim's reporting along the way. The site has grown over the years to include many more writers, and Tim has gone on to become a credentialed MLB reporter, producing Pirates Prospects each year, and will publish his 11th Prospect Guide this offseason. He has also served as the Pittsburgh Pirates correspondent for Baseball America since 2019. Behind the scenes, Tim is an avid music lover, and most of the money he gets paid to run this site goes to vinyl records.