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A day after signing starting pitcher Joe Blanton to a three-year $24 million dollar deal, the Philadelphia Phillies settled their arbitration with center fielder Shane Victorino today, agreeing to a three-year $22 million dollar contract.
The two time gold glover will make an estimated $5 million dollars this year as well as $7.5 and $9.5 million in following years. The deal secures the 26 year old until 2012.
Victorino hit .292 with 62 RBI last season for the Phils and finished with 10 home runs.
This leaves Carlos Ruiz as the only Phillies player in arbitration and the club hopes to sign Ruiz to a long term deal within the next week.
These arbitration hearings are crucial for the team as they prepare for a potentially expensive off-season next year when first baseman Ryan Howard and outfielder Jayson Werth are free-agent eligible.
To see what next season could look like for the Phillies check out Philadelphia Sports Examiner Jon Marks piece on Phillies Cost for the Future.