An industry source confirmed multiple reports that McGehee, 32, will receive $4.8 million this year. He filed for $5.4 million in arbitration; the Giants countered with $4 million. McGehee's wage thus slightly exceeded the midpoint figure, where clubs and players typically compromise, of $4.7 million.
McGehee's previous top Major League salary was $2,537,500 in 2012 with Pittsburgh. He played in Japan in 2013 before returning to the U.S., where he earned $1.1 million while playing for Miami last season. McGehee set himself up for his final year of arbitration eligibility by batting .287 with 76 RBIs in a career-high 160 games for the Marlins. Seeking a replacement for third baseman Pablo Sandoval, the Giants obtained McGehee in December for a pair of Minor League pitchers.
Before settling with McGehee, the Giants reached accords with first baseman Brandon Belt ($3.6 million), outfielder Gregor Blanco (two years, $7.5 million), shortstop Brandon Crawford ($3.175 million), first baseman Travis Ishikawa ($1.1 million), right-hander Yusmeiro Petit ($2.1 million) and catcher Hector Sanchez ($800,000).
Chris Haft is a reporter for MLB.com. Read his blog, Haft-Baked Ideas, and follow him on Twitter at @sfgiantsbeat. This story was not subject to the approval of Major League Baseball or its clubs.