Phillies Trade Wilson Valdez To Reds

The Phillies have traded infielder/utility man Wilson Valdez to the Reds for left-handed pitcher Jeremy Horst. 

Phillies Sign Hamels To 1-Year Deal; Avoid Arbitration

The Phillies have avoided arbitration with Cole Hamels, agreeing to a one-year, $15 million deal with the veteran left-hander, and infielder Wilson Valdez.