6:37pm: David Waldstein of The New York Times reports (on Twitter) that Martin received $7.5MM with $100K in performance bonuses. In terms of guaranteed money, he settled just below the midpoint of the filing figures.
5:04pm: The Yankees and Russell Martin have avoided arbitration by agreeing to a one-year contract, the team announced. The Matt Colleran client filed for $8.2MM while the team countered with $7MM, as our Arbitration Tracker shows.
Martin, 28, signed a one-year deal worth $4MM with the Yankees last offseason after being non-tendered by the Dodgers. He hit .237/.324/.408 with 18 homers and eight steals during his first year in pinstripes, and remained under the team's control are an arbitration-eligible player. This is his fourth time up for arbitration as a Super Two, and he's eligible for free agency next winter.
Boone Logan is the Yankees' only remaining unsigned arbitration-eligible player.