Williams, Jazz among Yankees to avoid arbitration

2:39 AM UTC

The Yankees reached deals with four of their five arbitration-eligible players ahead of a deadline Thursday to exchange figures, including newly acquired closer . The hurler agreed to an $8.6 million pact for the upcoming season, a source told MLB.com¡¯s Mark Feinsand. The club has not confirmed any dollar amounts.

Williams earned $7 million last year with the Brewers, who dealt him to New York on Dec. 13 in exchange for left-hander Nestor Cortes and infielder Caleb Durbin. A two-time All-Star and two-time National League Reliever of the Year, Williams is eligible for free agency after 2025.

The 30-year-old Williams posted a 1.25 ERA and 14 saves in 22 games last season, after which Milwaukee declined a $10 million option. Yankees manager Aaron Boone said he anticipates Williams will handle the ninth inning, which will permit the club to shift right-hander Luke Weaver back into more of a fireman role.

Infielder agreed at $5.85 million, according to a source. That represents a second-year arbitration bump for Chisholm, who turns 27 in February and earned $2.625 million last season, which he split between the Marlins and Yankees.

Acquired from Miami in late July, Chisholm moved to third base, a position he had never played as a professional. He batted .273/.325/.500 (130 OPS+) with seven doubles, 11 homers, 23 RBIs and 18 steals in 46 games for the Yankees, finishing his year with an overall .256/.324/.436 slash line (107 OPS+).

Right-hander agreed to a $3.6 million deal in his second year of arbitration eligibility, a source said.

Schmidt, who turns 29 in February, posted a 5-5 record and 2.85 ERA in 16 starts last season. He missed approximately three months with a right lat strain but returned in September to make three postseason starts, including one in World Series Game 3 against the Dodgers. Schmidt earned $2.025 million last year.

Right-hander agreed at $800,000 in his first year of arbitration eligibility, according to a source. The 31-year-old made three appearances for New York in September and permitted two runs in 3 1/3 innings (5.40 ERA), representing his first big league duty since 2022 following recovery from Tommy John surgery. Effross made $750,000 last season.

The Yankees did not agree with right-hander by Thursday¡¯s deadline, setting up a potential arbitration hearing. Leiter, who turns 34 in March, posted a 2-1 record and 4.98 ERA in 21 appearances for the Yankees after being acquired from the Cubs in late March. Overall, Leiter had a 4-5 record and 4.50 ERA in 60 appearances last season.

He also made six postseason appearances for New York; two in the American League Championship Series against the Guardians after being added as a mid-series injury replacement, and four in the World Series against the Dodgers. Leiter earned $1.5 million last season; this is his second year of arbitration eligibility.

The Yankees have not had a case proceed to an arbitration hearing since 2017, when they prevailed over right-hander Dellin Betances.

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