As the Cubs have always done, they wrapped a one-year deal for Kevin Gregg before his case went to arbitration.

Cubs agreed to terms with RHP Kevin Gregg on a one-year, $4.2 million contract.
Florida traded Gregg in large part because he was due for a big raise via arbitration and sure enough he settles for $1.7 million more than he made in 2008. Gregg will compete for closer duties with Carlos Marmol during spring training, but is expected to end up in a setup role.

That’s pretty healthy raise – 50% – given Gregg was only kind of good last year.