The Cubs and reliever Michael Wuertz agreed to a one-year deal worth $860,000 today, continuing Hendry's policy of avoiding arbitration. Wuertz, who made $415,000 last year, had submitted a $975,000 figure, with the Cubs offering $750,000.
Regardless of how arbitration might have gone, the Cubs get a premium middle reliever for under a million bucks. Wuertz's ERA+ numbers for the last two years are 174 and 134. As the relevant mlb.com article points out, last year he ranked second in the league in percentage of inherited runners stranded. Finally, Dan Szymborski's "ZiPS" projection system puts Wuertz's 2008 ERA at 3.33, second on the team behind Howry. The awesomeness of Wuertz's contract only escalates when compared against Hendry's pattern of signing veteran middle-relievers to three-year, multi-million dollar contracts.
The last Cubs player to go to arbitration remains Mark Grace in 1993.