Reds, Chapman avoid arbitration

The Reds today avoided arbitration with closer Aroldis Chapman by agreeing to a one-year contract. The deal is for $8.05 million, according to ESPN’s Jerry Crasnick.

The arbitration hearing was scheduled for later today.

Chapman, 26, is one of the game’s most dominant closers. He has saved 38, 38 and 36 games the last three seasons and is a three-time all star.

Chapman has a 2.32 ERA in five seasons and has struck out 430 batters in 252 2/3 innings.