Jones was awarded the team's offer a $2.25 million salary this year by a three-person panel on Thursday rather than his request of $2.5 million. Arbitrators Margaret Brogan, Dan Brent and Matt Goldberg made the decision one day after hearing arguments.
Jones hit .243 with 30 doubles, 16 homers and 58 RBIs last year, when he made $455,500. He played 90 games in right field and 34 at first base.
Teams have a 5-2 lead in arbitration decisions this year, their 14th winning record in 16 years. Pirates third baseman Casey McGehee is the last player scheduled for a hearing.