Marcum agrees to $3.95 million deal with Brewers

NEW YORK (Reuters) - Newly acquired pitcher Shaun Marcum has agreed to a one-year, $3.95 million contract with the Milwaukee Brewers, thus avoiding arbitration, Major League Baseball's official website reported.

"The goal is always to avoid going to a hearing and coming to an agreement that both sides feel comfortable with," Brewers senior director of business operations Teddy Werner told the website (

"Sometimes you just have to wait it out."

Marcum, acquired from Toronto in December, had asked for $5 million and the Brewers had offered the right-hander $3 million. Arbitration had been scheduled for Thursday.

The 29-year-old posted a 13-8 record with a 3.64 earned run average at Toronto in 2010 after missing the previous season because of elbow surgery. He earned $850,000 last year.

(Reporting by Gene Cherry in Salvo, North Carolina. Editing by Steve Ginsburg)