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Russell Martin, Yankees agree to deal

Updated: January 24, 2012, 7:04 PM ET
Associated Press

NEW YORK -- All-Star catcher Russell Martin and the New York Yankees avoided salary arbitration when they agreed to a $7.5 million, one-year contract.

The deal, announced Tuesday, was $100,000 under the midpoint between the $8.2 million he had asked for in arbitration and the $7 million the Yankees had offered when proposed salaries were exchanged last week.

Martin also can earn performances bonuses.

Martin hit .237 with 18 homers and 65 RBIs last year for the Yankees, ...

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