DALLAS (Reuters) - Texas Rangers outfielder Josh Hamilton, the American League's Most Valuable Player, has reached a two-year, $24 million agreement with the team, Major League Baseball's official website said Thursday.
The deal allows the Rangers to avoid an arbitration hearing scheduled for Monday.
Hamilton, 29, had been seeking $12 million for next season, baseball's website (www.mlb.com) reported, while the Rangers had offered $8.7 million.
Despite being injured for much of September, Hamilton won the AL batting champion with a club-record .359 average. He hit 32 home runs, drove in 100 runs, and made his third consecutive All-Star team.
(Reporting by Gene Cherry in Salvo, North Carolina. Editing by Steve Ginsburg)