9:36pm: Reddick will receive $2.7MM, a source tells Susan Slusser of the San Francisco Chronicle (Twitter link).

8:14pm: The Athletics and Josh Reddick have avoided arbitration with a one-year deal, a source tells Jane Lee of MLB.com (via Twitter).

Reddick was set to enter the arbitration process for the first time this year, and was projected to earn $2.2MM by MLBTR's Matt Swartz. Figures on the deal's size aren't yet available. Per a January tweet by John Hickey of the Bay Area News Group, Reddick submitted a $3.25MM arbitration bid, while the A's offered $2MM.

Reddick was the Athletics' lone remaining arbitration eligible player, and was notably absent from the club's FanFest last weekend. However, when asked about Reddick's case at the event, GM Billy Beane didn't appear concerned, commenting, "these things always get done." The outfielder triple-slashed just .226/.307/.379 in 2013, struggling with a wrist injury.