The Phillies just announced that they have agreed to a one-year contract with right-hander Chad Billingsley. Todd Zolecki of MLB.com reports that he’ll receive a $1.5 million guarantee and could make more with performance bonuses.
Billingsley hasn’t pitched in the majors since undergoing Tommy John surgery in April of 2013. The 30-year-old made a pair of minor league rehab starts with the Dodgers last season prior to having another surgery, this time to repair the flexor tendon in his elbow.
Prior to the injuries, Billingsley had a solid 3.65 ERA over 190 starts and 29 relief appearances in the majors, so he’s a worthy gamble at this price for the rebuilding Phillies. They might be able to turn him into something at the trade deadline if he comes back healthy and effective.