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Dodgers avoid salary arbitration with Alex Wood

St Louis Cardinals v Los Angeles Dodgers Photo by Harry How/Getty Images

LOS ANGELES — The Dodgers signed pitcher Alex Wood to a one-year contract on Friday, avoiding salary arbitration with the left-hander.

Wood will earn $2.8 million in 2017, per Ken Gurnick of and Jon Heyman of FanRag Sports.

With three years, 123 days of major league service time, Wood was eligible for salary arbitration for the first time. MLB Trade Rumors projected a $2 million salary for the left-hander in 2017, while I estimated a $2.65 million salary for Wood.

Wood earned $530,000 in 2016.

The left-hander was 1-4 with a 3.73 ERA and 3.18 FIP in 14 games for the Dodgers last year, including 10 starts. He was sidelined after a May 30 start with elbow discomfort and later underwent arthroscopic surgery on his elbow in July.

Wood was out two months after surgery, then made his way back as a relief pitcher in the final weeks of he season, pitching in four games down the stretch followed by one appearance in the NLCS, pitching a total of six scoreless innings with five strikeouts.