Braves.com
ATLANTA -- The Braves won't be going to arbitration with Rafael Soriano next month -- and they no longer have to worry about having to bid for his services next offseason.

Braves general manager Frank Wren announced on Thursday afternoon that the club has agreed to terms on a two-year contract with Soriano, who would have been eligible for free agency at the end of the 2008 season. The right-handed reliever had been the Braves' only remaining unsigned arbitration-eligible player.

Financial terms weren't disclosed.
I wouldn't mind seeing Soriano for another 2 years.

Quote Originally Posted by RotoWorld
Braves agreed to terms with RHP Rafael Soriano on a two-year, $9 million contract.
An interesting gamble for the Braves. Soriano asked for $3.4 million and was offered $2.4 million in his final year of arbitration. Assuming that they would have settled at the midpoint, this means the Braves are buying out his first year of free agency for $6.1 million. Despite his history of injuries, he could have received something like $24 million-$30 million for three years had he turned in a successful year as a closer.