From the Wire … Cubs Avoid Arbitration with Geovany Soto

According to a report from Jon Heyman, the Cubs avoided arbitration with Geovany Soto by agreeing to a one-year deal worth $4.3 million … up from the $3 million he was paid last season.

The Cubs have a total of seven arbitration eligible players (3-6 years of service time) for the upcoming season.

Jeff Baker ($1.175 million in 2011), Blake DeWitt ($460,000 in 2011), Matt Garza ($5.95 million in 2011), Geovany Soto ($3 million in 2011), Ian Stewart ($2.228 million in 2011), Chris Volstad ($445,000 in 2011) and Randy Wells ($445,000 in 2011) will receive a bump in pay for the 2012 season … and in Soto’s case, he already did. This year is the first arbitration eligible season for Blake DeWitt, Chris Volstad and Randy Wells.

Stay Tuned …

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