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Bailey avoids arbitration

Posted by Peter Abraham, Globe Staff  January 25, 2012 06:27 PM

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The Red Sox avoided arbitration with new closer Andrew Bailey, signing him to a one-year deal worth $3.9 million with an additional $100,000 possible in incentives.

Bailey was seeking $4.7 million in arbitration and the Sox were offering $3.35 million.

Jon Heyman of CBS Sports had the news first.

Also, former Red Sox lefthander Dustin Richardson was suspended for 50 games by Major League Baseball after testing positive for mphetamine, Letrozole and metabolite, Methandienone metabolite, Methenelone and metabolite, and Trenbolone and metabolite.

Richardson is a free agent. He appeared in 29 games for the Red Sox from 2009-10, posting a 3.31 ERA and a 2.02 WHIP in relief. He was traded to Florida after the 2010 season for Andrew Miller.

Richardson has not appeared in the majors since. He was with the Marlins and Braves last season, pitching in Triple A.

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