The Red Sox and Jonathan Papelbon came to an agreement on a one-year deal today, for $9.35 million. They beat the noon arbitration deadline, and the deal should be announced shortly.
The Sox signed Hideki Okajima to a one-year deal over the weekend, and they had three other players eligible for arbitration: Jeremy Hermida, Ramon Ramirez and Manny Delcarmen.
No word yet as to whether the Red Sox avoided it with them, as in Theo Epstein's entire time as general manager, there hasn't been a single case gone to arbitration. Any cases will be heard beginning February 1.
Peter Gammons also reported the other day on NESN that the Red Sox had a four-year deal set with Jason Bay last July, but dropped the offer to two years after fears they had when they saw an MRI of his knee.
UPDATE: The Sox came to terms with Ramirez and Delcarmen, but Jeremy Hermida remains unsigned.