Orioles, Pearce settle on $3.7 million deal to avoid arbitration

Steve Pearce hit 21 home runs for the Orioles in 2014.

Joy R. Absalon/Joy R. Absalon-USA TODAY Sports

BALTIMORE — Orioles first baseman Steve Pearce has agreed to a $3.7 million, one-year contract and avoided a salary arbitration hearing.

Pearce had asked for $5.4 million and had been offered $2 million when the sides exchanged proposed salaries two weeks ago, the largest gap among the 74 players who swapped. The settlement Friday was at the midpoint.

Pearce hit .293 for Baltimore last year and set career bests with 21 homers and 49 RBIs.

He is eligible for free agency after this season.

Three Orioles remain in arbitration: closer Zach Britton, right-hander Miguel Gonzalez and outfielder Alejandro de Aza.