The Phillies have avoided a salary-arbitration hearing with Hector Neris, settling with the reliever for $4.6 million, according to a league source.
The deal includes a team option for $7 million in 2021, which would have been Neris' final year of arbitration eligibility before free agency. The team option is a $7 million base salary but could rise with escalators.
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The settlement with Neris comes days after the Phillies participated in their first arbitration hearing in 12 years, which went in their favor over J.T. Realmuto.
Neris has a 3.29 ERA in his six seasons with the Phillies and last season set career bests in saves (28), WHIP (1.02) and opponents' batting average (.186).
The 30-year-old made $1.8 million in 2019.