The Phillies don't like going to arbitration hearings, and they won't be going to one this year after finalizing at deal with Hunter Pence.
Pence, the Phillies' remaining arbitration-eligible player, agreed to a 1-year, $10.4 million contract that includes performance bonuses, the team announced.
The salary represents the midpoint between what each side submitted for a potential arbitration hearing. Pence submitted $11.8 million and the Phillies submitted $9 million.
Pence, acquired from Houston on July 29, earned $6.9 million last year after taking the Astros to an arbitration hearing and winning.
With Pence's signing, the Phillies have avoided hearings with Cole Hamels, Kyle Kendrick and Wilson Valdez, who was later traded to Cincinnati.
The Phillies have not been to a hearing since 2008, when Ryan Howard won $10 million. The Phillies had submitted $7 million. That was the only time that the Phillies lost in the eight hearings in team history.
Pence will remain under club control through 2013, so it is possible the sides could be at this point again next offseason unless they agree to a long-term extension.
"I love to be in Philly," Pence told WIP recently. "I absolutely enjoy every moment -- the organization, the fans, the city, a lot of things to be happy about for being there."
Pence, 28, hit .314 with 22 home runs and a career-high 97 RBI in 154 games between the Astros and Phillies last season.
Pence, a 2011 National League All-Star, led the Phillies in several offensive categories after his arrival, including batting average (.324), on-base percentage (.394), slugging percentage (.560), hits (67) and total bases (116).