According to a report from Matt Garza’s agent, the Cubs and Matt Garza avoided arbitration on Friday morning by agreeing to a one-year contract worth $9.5 million. The contract also includes performance bonuses but those terms have not been released.
Garza’s arbitration hearing was scheduled for Friday.
Updated 12:33pm CST – According to the Associated Press, Matt Garza can earn additional $150,000 in performance bonuses based on innings: $50,000 for 210 and $100,000 for 220.
Will update when more information is made available …
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