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Dellin Betances loses arbitration hearing

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The Yankees reliever will make $3 million in 2017.

New York Yankees v Toronto Blue Jays Photo by Tom Szczerbowski/Getty Images

Yankees reliever Dellin Betances lost his arbitration hearing against the Yankees and as a result will be paid $3 million instead of the $5 million he had hoped for, according to FanRag Sports’ Jon Heyman.

New York President Randy Levine wasn’t pleased with Betances decision to seek more money, according to Bryan Hoch:

Levine added Betances’ desire for $5 million “had no bearings in reality, according to Hoch.

Betances seemed to be seeking closer money given the fact that he will be a late-inning option for the Yankees in 2017. Aroldis Chapman is set to close for the Yankees this season, most notably because Betances doesn’t have much experience as a closer.

The Yankees and Betances have “bad blood” dating back to last season because New York paid him $507,000 despite Betances’ early success, according to Joel Sherman of The New York Post.

Betances, 28, made the All-Star team for third time last season and ended the year with a 3.08 ERA and 1.78 FIP. He’s pitched to a career 2.16 ERA and 2.06 FIP.