Tuesday, January 20, 2004

Joel Pineiro Locked and Loaded for Three More Years 

The Mariners took care of one of their two remaining arbitration-eligible players yesterday, signing Joel Pineiro to a three-year contract worth $14.5 million. The deal includes a $1.5M signing bonus and his 2004 salary will be $2.5M.

This deal takes Pineiro through his arbitration eligible years, and will look like a bargain if he remains healthy. Only Gil Meche remains eligible for arbitration this year, and its likely a deal will be done there as well, though Meche's injury history and late 2004 malaise may preclude a long-term contract.

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