From the Wire … Cubs Agreed to One-Year Deals with Six of Seven Arbitration Eligible Players, Exchanged Figures with Matt Garza

According to multiple reports, the Cubs avoided salary arbitration (three-six years of service) with six of the seven players eligible for the upcoming season.

Jeff Baker, Blake DeWitt, Geovany Soto, Ian Stewart, Chris Volstad and Randy Wells all agreed to one year deals. The Cubs did not agree to a contract with Matt Garza for 2012 … but did exchange arbitration numbers. Garza filed a $10.255 arbitration number and the Cubs countered with $7.95 million.

Jeff Baker will be paid $1.375 million after making $1.175 million last season. In his first year of arbitration eligibility, Blake DeWitt will make $1.1 million after being paid $460,000 last season. Geovany Soto received a healthy raise to $4.3 million from the $3 million in 2011. Ian Stewart will be paid $2.3755 million in his first year in a Cubs’ uniform after the Rockies paid him $2.228 million last season.

Chris Volstad and Randy Wells were arbitration eligible for the first time. Wells will make $2.705 million after $445,000 last year and Volstad will be paid $2.655 million after $445,000 in 2011.

By agreeing to terms with Volstad, that means the Cubs will send $15.345 million to the Marlins to complete the trade for Carlos Zambrano.

Will update if additional information becomes available …

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