The Cleveland Indians avoided arbitration year contract on Friday.

No financial terms were released, but the Plain Dealer reported it is worth $4.55 million.

Cabrera hit .273 while posting career highs in home runs (25), RBI (92) and games played (151), while tying a career best with 17 stolen bases and adding 32 doubles in 2011. His 25 round-trippers also stands as a new club record for shortstops -- eclipsing Jhonny Peralta's previous high of 24 back in 2005 -- and the 92 runs batted in led all American Leaguers at his position.

Over five major-league seasons, all with Cleveland, the native of Venezuela is a .281 hitter with 43 homers, 119 doubles and 258 RBI in 538 games.