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01/29/10 8:14 PM EST

Feldman, Rangers avert arbitration hearing

Right-handed pitcher agrees to one-year contract

The Rangers and Scott Feldman have agreed on a one-year, $2.425 million deal to avoid an arbitration hearing for the right-handed pitcher.

The club made the announcement at the 2010 Dr Pepper Texas Rangers Mid-Winter Awards Banquet on Friday night.

Last season, Feldman went 17-8 with a 4.08 ERA in 31 starts for the Rangers and was named the Texas Rangers' Pitcher of the Year for 2009 by the Dallas-Fort Worth Chapter of the Baseball Writers' Association of America. He struck out 113 batters in 189 2/3 innings of work while walking only 65.

Originally, Feldman filed for $2.9 million, while the Rangers initially offered $2.05 million before the two sides came to an agreement. He was the final Rangers player who was eligible for arbitration.

Earlier this week, the Rangers agreed to a one-year deal with closer Frank Francisco to avoid an arbitration hearing. Francisco, who can be a free agent after the season, agreed to a $3,265,000 contract for 2010. He made $1,615,000 in 2009.

Jesse Sanchez is a national reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.