Jays avoid arbitration with Shannon Stewart

Tuesday, February 18 2003 @ 12:01 PM EST

Contributed by: Craig B

Shannon "Not Just An Airport In Ireland" Stewart has signed a one-year deal worth $6.2 million to avoid the arbitration hearing originally scheduled for this Thursday.

The settlement, which was $300,000 under the midway point of the two arbitration sums (the Jays had offered $5.5 million, Stewart $7.5 million), means that the Jays are about $1.3 million under their 2002 salary budget if recent media reports are accurate.

The press release is here.