Found January 28, 2012 on Philly Sports World:
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Hunter Pence and the Philadelphia Phillies agreed to a 1 year, $10.4 million contract to avoid arbitration.  Photo Source : beerleaguer.com

Hunter Pence and the Philadelphia Phillies agreed to a 1 year, $10.4 million contract to avoid arbitration. Photo Source : beerleaguer.com

The Philadelphia Phillies have had a busy 48 hours, and as spring training inches ever closer, the team looks to be finalizing its roster.

After coming to terms with veteran utility infielder Wilson Valdez to avoid arbitration, the Phillies then flipped Valdez to the Cincinnati Reds for 26 year old left handed reliever Jeremy Horst. Horst will get an invitation to compete at spring training as a lefty.  Horst has compiled good numbers in the minors, and appeared in 12 games for the Reds last year while posting a 2.93 ERA. He will likely compete with Dontrelle Willis as a situational lefty out of the bullpen.

The Phillies then added 34 year old outfielder Juan Pierre on a minor league deal. Pierre, who played for the White Sox last year, is expected to add some outfield depth for the Phillies who recently traded Ben Francisco. Pierre could also add some speed off the bench if he finds his way on to the 25 man roster.

Finally, and most notably, the Philadelphia Phillies and Hunter Pence agreed to terms on a 1-year $10.4 million deal. The deal allows the Phillies to avoid arbitration altogether again this year, something they have managed to do since losing a case with Ryan Howard after the 2008 season. Pence had been the lone remaining player eligible for arbitration after Cole Hamels agreed to a deal last week.

Pence and the Phillies settled on a number that was directly in the middle of the numbers that the two sides submitted ahead of an arbitration hearing. Pence and his agent submitted a salary of $11.8 million and the Phillies submitted a salary of $9 million for the right fielder.

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