Donaldson was seeking $5.725 million next season, but will earn a reported $4.3 million. Toronto had not gone through a hearing since 1997, before experiencing two this year, losing the ruling to Danny Valencia.
A couple of teams reached agreements without going to a hearing.
The Reds continued their knack for avoiding arbitration hearings -- still none since 2004 -- by agreeing to a deal with All-Star closer Aroldis Chapman, just before Chapman was set to state his case Friday morning. Chapman will earn $8.05 million next season, much closer to his asking price of $8.7 million than the Reds' counteroffer of $6.65 million.