Yonder Alonso and Oakland A's avoid arbitration

Oakland Athletics first baseman Yonder Alonso has agreed to a one-year arbitration settlement, according to the San Francisco Chronicle's Susan Slusser:

I'm told Yonder Alonso agrees to one year deal for $2,650,000 guaranteed.with #Athletics.

— Susan Slusser (@susanslusser) January 13, 2016

The deal is just a touch higher than the $2.5 million projected by Matt Swartz for MLB Trade Rumors. The A's have three players who have filed for arbitration that have not yet reached agreement (MLBTR estimate): outfielder Josh Reddick ($7.0 MM), third baseman Danny Valencia ($3.4 MM), and reliever Fernando Rodriguez ($1.3 MM).

Players and clubs are due to exchange figures for arbitration on Friday, January 15 with hearings taking place between February 1-21. If the A's and players do not come to a settlement, an arbitration panel must choose either the club's or the player's submission, and cannot split the difference. The process is designed to produce a settlement.