Lilly signs, Hillenbrand & Walker Exchange Numbers, and a Trade

Tuesday, January 17 2006 @ 02:05 PM EST

Contributed by: Pistol

Ted Lilly avoided arbitration by agreeing to a 1 year, $4 million contract. Lilly can also earn up to $200,000 more based on innings pitched.

The Jays exchanged figures with Hillenbrand and Walker. Hillenbrand has asked for $6.7 million with the Jays offering $5.0 million and Walker has asked for $850,000 with the Jays offering $575,000.

Additionally, the Jays acquired LHP Brian Tallet from the Indians in exchange for RHP Bubbie Buzachero. Tallet was recently designated for assignment by the Indians.

Lilly's contract was $1 million lower than yesterday's estimate. As a result the payroll stands at approximately $69.0 million (assuming $750,000 for Walker and $5.5 million for Hillenbrand).

Thanks to Brian W for pointing out the Lilly link.

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