Cole Hamels, Phillies agree on one-year contract

Cole Hamels #35 of the Philadelphia Phillies pitches against the New York Mets at Citi Field. (July 16, 2011) Credit: Getty Images
PHILADELPHIA -- Left-hander Cole Hamels and the Philadelphia Phillies have agreed on a $15 million, one-year contract, avoiding arbitration.
The 2008 World Series MVP went 14-9 with a 2.79 ERA in 32 games last year. Hamels was selected to his second career All-Star Game and finished fifth in National League Cy Young Award voting.
The Phillies also avoided arbitration with infielder Wilson Valdez, agreeing to a $930,000, on-year deal.
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