2:47pm: Beachy's deal will pay him $1.45MM in 2014, according to Chris Cotillo of MLB Daily Dish (on Twitter).

2:18pm: The Braves announced, via press release, that they have avoided arbitration with right-hander Brandon Beachy by agreeing to a one-year deal.

Beachy, 27, returned from 2012 Tommy John surgery last season to post a 4.50 ERA with 6.9 K/9 and 1.2 BB/9 in 30 innings of work for the Braves. MLBTR contributor Matt Swartz had projected Beachy to earn just $900K in arbitration due to the missed time with his elbow injury. He looked to be in the midst of a breakout season in 2012, having posted a 2.00 ERA through 81 innings in the Braves' rotation when he went down with his injury.

Beachy figures to be in Atlanta's rotation again in 2014 alongside Mike Minor, Julio Teheran, Kris Medlen and the newly signed Gavin Floyd, with Alex Wood potentially filling in as Floyd recovers from his own Tommy John.

As can be seen in MLBTR's Arbitration Tracker, the Braves still have a whopping seven players eligible, meaning general manager Frank Wren and his staff will have plenty of work on their hands.