The Pittsburgh Pirates have signed Joel Hanrahan to a one-year deal and avoid arbitration, according to Jenifer Langosh via twitter. Keith Law says the deal is worth $4.1 million, also via twitter.
Hanrahan, 30, is a 6th year veteran right-handed reliever heading into 2012, and maintains a 3.92 career ERA. He's been with the Pirates since 2009, after being traded by the Washington Nationals along with Lastings Milledge in exchange for Nyjer Morgan and Sean Burnett.
Hanrahan converted 40 saves in 2011, a career high that earned him public recognition and a spot on the All-Star Team. His 2011 ERA was just 1.83 and if he's able to maintain that production, should be at least one strength for the Pittsburgh Pirates.