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Yankees, Hughes avoid arb. with $7.15M deal
Phil Hughes - S - New York Yankees
Jan. 16, 2013 - 6:15 PM ET

Yankees avoided arbitration with RHP Phil Hughes by agreeing to a one-year, $7.15 million contract.

Hughes is in his final year of arbitration eligibility and is set to become a free agent in November. The 26-year-old starter registered a 4.23 ERA, 1.27 WHIP and 165/46 K/BB ratio across 191 1/3 innings last season.