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Mackowiak signs extension with White Sox

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[Chisox.com]

The Chicago White Sox have agreed to terms with infielder Rob Mackowiak on a two-year, $5.3-million contract with a club option for 2008, avoiding arbitration. Under terms of the deal, Mackowiak, who was eligible to become a free agent following the 2007 season, will receive $2.25 million in 2006 and $2.75 million in 2007. The White Sox hold a 2008 option at $3.25 million with a buyout of $300,000.
Pretty good deal for both sides. Mackowiak is one of the best utility men in baseball. $5.3M for two seasons is well spent here.

Joe Crede is the lone arbitration-eligible White Sox player who remains unsigned. Somebody help me out here; I seem to recall January 7th being a deadline for something arbitration related.