Saunders, Angels agree to $3.7M, 1-year deal

Updated: January 29, 2010, 11:34 PM ET
Associated Press

ANAHEIM, Calif. -- Left-hander Joe Saunders and the Los Angeles Angels agreed Friday to a $3.7 million, one-year contract, avoiding a salary arbitration hearing next month.

The 28-year-old was 16-7 with a 4.60 ERA last year and has a 33-14 record in the last two seasons. Eligible for arbitration for the first time, he had asked for a raise from $475,000 to $3.85 million and had been offered $3.65 million. In addition to his base salary, he can earn $50,000 in performance bonuses -- $25,000 ...

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