According to Matt Garza and a report from his agent CAA, the Cubs avoided arbitration with Matt Garza on Thursday night and signed the right-hander to a $10.25 million contract for 2013.
Matt Garza figured to make around $10 million in his final year of arbitration eligibility after his injury shortened 2012 campaign.
The Cubs have two arbitration eligible players left unsigned for 2013 … Jeff Samardzija and James Russell. According to Bruce Levine, the Cubs are working on a one-year contract and not a multi-year extension with Jeff Samardzija.
Matt Garza is coming off an injury shortened season and his fourth and final arbitration year will not be as big a payday as it would have been if he did not get hurt. Garza agreed to a $9.5 million contract last season that included a $150,000 incentives package based on innings pitched ($50,000 for 210 innings and $100,000 for 220 innings). Garza was effective while he was on the mound (5-7 with a 3.91 ERA and a 1.18 WHIP in 18 starts) but did not pitch after July 21.
Garza and the Cubs expect him to be ready on Opening Day and he should not have any restrictions in Spring Training as he works his way back from the stress reaction in his right elbow.
The Cubs avoided arbitration with Luis Valbuena last week and signed the infielder to a one-year, $930,000 contract.