$ 455.000

"O's, Markakis renew contract for $455,000

The Orioles failed to agree to terms with Nick Markakis by today's deadline, meaning the outfielder's contract will be renewed for the 2008 season.Markakis, who hit .300 last year with 23 homers, 112 RBIs and 18 steals, will make $455,000 after earning $400,000 last year. The outfielder is eligible for arbitration following the 2008 season.

"We couldn't come to an agreement with anything so we're just going to take it and get renewed," said Markakis. "That's just how the Orioles feel. I don't have much of a choice. I'm just going to have to deal with it."

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