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Cubs, Matt Garza agree to one-year, $9.5 million contract

Instead of an arbitration hearing scheduled Friday, righthander Matt Garza agreed to a one-year contract with the Cubs valued at some $9.5 million, a figure less than the $12. 5 million the 28-year-old had sought but a significant increase from his $5.95 million salary in 2011.

 

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