The Yankees and new closer Aroldis Chapman avoided a salary-arbitration hearing by agreeing to a one-year deal worth $11.325 on Friday.
The Associated Press first reported the agreement.
The Yankees originally offered $9 million and Chapman asked for $13.1 million. If the two sides had not been able to reach a deal, a hearing would have been held Feb. 19, one day after Yankees pitchers and catchers are scheduled to report to Tampa, Florida.
The 27-year-old lefthander, acquired from the Reds in December, made just over $8 million last season. Armed with a fastball that routinely surpassed 100 mph and topped out at 103.92, he struck out 116 batters in 66 1⁄3 innings, posted a 1.63 ERA and went 33-for-36 in save chances.
Chapman is expected to anchor what on paper should be one of the most dominant bullpens in the game, with power arms Dellin Betances and Andrew Miller setting up for him.
He currently is under investigation by MLB under its domestic abuse policy because of an incident involving his girlfriend that occurred in Florida on Oct. 30. Prosecutors determined there “was not enough evidence to get a conviction,” according to a TMZ report Jan. 21.