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|Marmol Signs 3-year, $20 Million Deal with Cubs
|MESA, Ariz. (AP) -- Closer Carlos Marmol has signed a three-year, $20 million contract with the Chicago Cubs and avoided salary arbitration.
The Cubs announced the deal yesterday after their first workout for pitchers and catchers. Marmol will have a salary of $3.2 million this season, $7 million in 2012 and $9.8 million in 2013.
Marmol had 38 saves with a 2-3 record and 2.55 ERA last season. He had asked for $5.65 million in arbitration while the Cubs countered with an offer of $4.1 million.
The 28-year-old Marmol took over the closer's role in August 2009 and has converted 49 of 54 save chances since then.
(Copyright 2011 by The Associated Press. All Rights Reserved.)