Two days after the five eligible players filed for arbitration, the Yankees got down to business and got one contract out of the way.
The Yankees and catcher Francisco Cervelli agreed to a one-year deal worth $700,000. As with all arbitration contracts, the contract is non-guaranteed, meaning if the Yankees cut Cervelli in Spring Training, they would only have to pay a portion of the contract.
When MLB Trade Rumors predicted how much each player would get during the arbitration process, they estimated Cervelli would make $1 Million. With the injury and the Biogenesis suspension, you have to figure it hurt Cervelli’s value.