The Dodgers agreed to a one year, $2,925,000 dollar contract with Mark Hendrickson, one of their two arbitration eligible players.
If you ignore the initial grevious error of tendering Hendrickson a contract in the first place, this is actually a pretty good deal. Hendrickson made 1.95 million last year, and sad as this may be, 2006 was by far the best year of his career, so he's guaranteed a raise. When Jason Marquis gets 21 million dollars, it's pretty easy to claim that Hendrickson deserves five or six million. Net result: two or three million dollars saved. Granted, all of this money will be down the drain after Hendrickson (hopefully) gets DFAd in mid June, but you can't win 'em all.