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Diaz and the Rays avoided arbitration Tuesday by agreeing to terms on a one-year, $2.8 million deal, Kiley McDaniel of ESPN.com reports.

Diaz gets a nice raise in his first year of arbitration eligibility. While the 30-year-old still hasn't developed much power, hitting a modest 13 homers last season, his control of the zone helped him to a 111 wRC+, the product of a .256/.354/.387 slash line.

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