PBR - The Phillies and Cole Hamels agreed on a one-year deal worth $15 million and avoided arbitration.
Hamels went 14-9 last season with a 2.79 ERA in 32 games last season.
The one-year deal allows Hamels and the club the luxury of discussing a long-term contract. Hamels is eligible for free agency following the 2012 season.
The left-hander made $9.5 million last season in the final year of a three-year contract.
The club also signed Wilson Valdez for $930,000.
Tuesday was the final day for players to sign before arbitration numbers are exchanged.
Phillies, Hamels agree to one-year deal
By Patrick Gordon, Managing Editor
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Patrick Gordon, Managing Editor
An award-winning sports writer, Patrick Gordon has covered baseball in Philadelphia for more than two decades. His byline has appeared in dozens of publications across the country, including Baseball America, the Philadelphia Daily News, the St. Pete Times, and Sports Collectors Monthly.