Yankees agree to terms with arbitration-eligible players

The Yankees reached agreements on one-year contracts to avoid salary arbitration with eight notable players on Friday, but none may have appreciated their new deal more than left-hander Nestor Cortes.

According to MLB.com’s Mark Feinsand, Cortes received a pay bump to $3.2 million in his first year of arbitration eligibility, coming off a season in which the All-Star went 12-4 with a 2.44 ERA in 28 starts. Cortes earned $727,500 last season.

The Yankees also agreed with right-hander Frankie Montas ($7.5 million), left-hander Wandy Peralta ($3.35 million), right-hander Clay Holmes ($3.3 million), right-hander Domingo Germán ($2.6 million), catcher Jose Trevino ($2.36 million), catcher Kyle Higashioka ($1.4265 million), and right-hander Michael King ($1.3 million).

For more, head to Yankees.com.