The last of the St . Louis Cardinals players in salary arbitration has reached a settlement.
Outfielder Ryan Ludwick has reportedly reached a 1-year, $3.7 million deal with the Cardinals. He was seeking $4.25 million in salary arbitration while the Cardinals had been offering $2.8 million, a difference of $2.379 million.
The 1-year agreement will see Ludwick earn $175,000 above the $3.525 million mid-point between offering and requesting figures.
According to Jayson Stark of ESPN, Ludwick can earn another $100,000 if he gets 675 plate appearances this year -- $25,000 if he reaches 625 trips, another $25,000 at 650 and another $50,000 if he gets to 675.
The Cardinals have now reached agreements with all of their salary arbitration eligible players, below are the details of each agreement:
â€¡ Settlement reached after player exchanged figures with club
|2009 Cardinals Players in Salary Arbitration |
|# ||DateÂ ||Player Name |
|Service Time ||Position ||Agreement |
|1 ||1/19/09 ||Chris Duncan ||2.144 ||OF ||1/$825K |
|2 ||1/19/09 ||Todd Wellemeyer ||5.009 ||RP ||1/$4.05M |
|3 ||1/20/09 || |
|3.11 ||RP ||1/$650K |
|2/12/09 || |
â€¡ Rick Ankiel
|5.033 ||OF ||1/$2.85M |
|5 ||2/16/09 ||â€¡ Ryan Ludwick ||3.109 ||OF ||1/$3.7M |
The Cardinals have not had a salary arbitration hearing since 1999 when pitcher Darren Oliver lost his case.
SEE UPDATED SALARY ARBITRATION INFO HERE:
Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is contributor to Baseball Prospectus, and is available as a freelance writer. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.
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