The Pirates agreed to terms on a one-year, $4.1 million deal with Joel Hanrahan, avoiding arbitration. The Pittsburgh closer made $1.4 million last season in his first year of arbitration eligibility, and scored a sizeable raise for 2012. Hanrahan posted a 1.83 ERA and 61/16 K/BB ratio in 68 2/3 innings last season, converting 40 of 44 save opportunities. He'll be a top fantasy option again this year.