Results tagged ‘ salary arbitration ’
Hamels, Valdez Agree to Deals, Avoid Arbitration
The Phillies and Cole Hamels avoided salary arbitration today when they agreed to a one-year, $15 million contract, according to a source.
The Phillies also reached an agreement on a $930,000 contract with infielder Wilson Valdez, who was eligible for salary arbitration.
Hunter Pence remains the only Phillies player still eligible for salary arbitration, although an agreement can be reached up until the moment the team and player are supposed to meet with arbiters.
UPDATE. Incentives for Hamels and Valdez:
Hamels: $100,000 for MVP ($75,000 second, $50,000 third), $250,000 Cy Young ($150,000 second, $100,000 third), $100,000 World Series MVP, $50,000 League Championship Series MVP, $50,000 Gold Glove, $50,000 Silver Slugger, $50,000 All-Star.
Valdez: $25,000 Gold Glove, $25,000 Silver Slugger, $25,000 All-Star.
Phillies, Kendrick Avoid Arbitration
The Phillies and Kyle Kendrick have agreed to a one-year, $3.585 million contract.
Kendrick had been eligible for salary arbitration.
Kendrick, 27, went 8-6 with a 3.22 ERA in 34 games (15 starts) last season. He proved to be a valuable piece to the pitching staff, moving back and forth from the bullpen to the rotation because of injuries to Roy Oswalt and Joe Blanton. in ERA and games.
The Phillies have three remaining arbitration-eligible players: Cole Hamels, Hunter Pence and Wilson Valdez.
UPDATED. Here are the bonuses in Kendrick’s deal: $25,000 for All-Star, $25,000 for LCS MVP, $50,000 for World Series MVP, $50,000 for Cy Young or Rolaids Relief Man (or $25,000 for second or $15,000 for third).
Todd Zolecki
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