As you should have heard by now, the Royals and Alex Gordon finalized their 2012 contract, avoiding arbitration. The total value is thought to be $4.775 million. I had postulated earlier that if the two compromised on a number less than $5 million, that was a sign that negotiations for a long-term deal were progressing in a positive fashion. Well, that was accomplished as the dollar amount is $25,000 below the half-way point on the numbers both sides exchanged in preparation for a potential arbitration hearing.

Although there does seem to be a bonus clause worth exactly $25,000 if Gordon has 700 plate appearances. He had 688 PAs last summer.

For those of you keeping score at home, Dayton Moore has never gone to arbitration with any of his players while with the Royals.

The next step is the oft discussed extension. A good sign from the conference call on Thursday was the fact there is no self imposed deadline by either side. I take that as both sides thinking that something will be done before the season opens in two months. Although in his conference call with reporters, Gordon characterized the extension talks as “slow.”

Gordon turns 28 today, by the way.

Other matters…

ESPN’s Keith Law hates the Royals, but that didn’t stop him from putting out a prospect smorgasboard that includes a Top 100 list and a list of the top 10 prospects from each organization. (All links require a subscription to read Law’s take on individual prospects.) For those interested here’s how different top 10’s have looked this winter.

(By the way, I’m kidding about Keith Law hating the Royals. He hates EVERY team.)

What’s interesting (to me, at least) is how the players seem to fit in ranges. Myers and Starling are clearly the cream of the crop in the minors for the Royals. Montgomery, Odorizzi and Cuthbert represent the next tier. While Lamb, Adam, Ventura, Dwyer and Herrera populate the bottom half of this list.

Also interesting to note that Dwyer just missed being on all four lists. (Kevin Goldstein has him at number 11 at Baseball Prospectus.) Also interesting is the absence of 2009 top pick Christian Colon from every list but Jonathan Mayo’s at MLB.com.

And we’re about 10 days to the official reporting date of pitchers and catchers…