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Yankees, reliever Chamberlain agree on 1-year deal worth $1,875,000

CBSSports.com wire reports
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NEW YORK -- Reliever Joba Chamberlain and the New York Yankees have agreed to a one-year contract worth $1,875,000, avoiding salary arbitration.

Chamberlain returned Aug. 1 after being sidelined for 14 months by elbow and ankle injuries. The 27-year-old right-hander went 1-0 with a 4.35 ERA in 22 games, striking out 22 in 20 2/3 innings.

His deal, which is not guaranteed, gives Chamberlain a raise of $200,000 and contains performance bonuses for games finished.

Two Yankees remain in arbitration: right-hander David Robertson and left-hander Boone Logan.

New York's projected payroll is at about $200 million for 16 players, including $8.5 million the Yankees are paying Pittsburgh as part of last year's trade that sent A.J. Burnett to the Pirates.

Copyright 2014 by STATS LLC and The Associated Press. Any commercial use or distribution without the express written consent of STATS LLC and The Associated Press is strictly prohibited.
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