SAN FRANCISCO -- Reliever George Kontos and the San Francisco Giants have agreed to a $1.15 million, one-year contract, avoiding salary arbitration.

Monday's agreement was $50,000 above the midpoint between the $1.35 million Kontos had asked for when arbitration figures were exchanged last month and the $850,000 offered by San Francisco.

A 26-year-old right-hander, Kontos was 4-4 with a 2.33 ERA last year in 73 relief appearances. He earned $517,000.

First baseman Brandon Belt is San Francisco's last player in arbitration.