Ken Giles and the Blue Jays reach an agreement for one year at $9.6 million.
Giles was heading into his last arbitration year at the age of 29 and was expected to receive a contract in the neighbourhood of $8.4 million according to MLB Trade Rumors. He projected to be one of the top earners in arbitration for a relief arm.
Giles had more than earned his ability to draw a salary of at least $8.4 million as per the projection. Obviously, the Blue Jays agree with me. He put up a 1.87 ERA, 14.09 K/9, 2.