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Joel Hanrahan: Signs One-Year Deal With Red Sox
Update: Hanrahan agreed to a one-year, $7.04 million contract with the Red Sox on Friday, avoiding arbitration, Pete Abraham of the Boston Globe reports.

Recommendation: After four seasons in Pittsburgh, Hanrahan was shipped to Boston in late December. The 31-year-old right-hander has been given the reigns as closer for the Red Sox, and he'll look for continued success in that role.

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