|Jan. 22 1:05 PM PT2:05 PM MT3:05 PM CT4:05 PM ET16:05 ET21:05 GMT5:05 2:05 PM MST4:05 PM EST4:35 PM VEN1:05 UAE (+1)3:05 PM CT-Jepsen have avoided salary arbitration by agreeing to a one-year contract worth $5,312,500.
Analysis: The agreement, announced Friday, gives the pitcher a raise of more than $2 million from his earnings of $3,025,000 last year. The settlement was above the $5,225,000 midpoint between the $5.4 million he had asked for and the $5.05 million Minnesota had offered when the sides exchanged proposed arbitration salaries last week. Jepsen was acquired last summer from Tampa Bay Rays and had a 1.61 ERA in 29 appearances with the Twins.