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01/23/11 1:20 PM EST

Signing O'Day, Rangers avoid arbitration

Deal for 2011 leaves only Hamilton, Francisco in line for hearing

The Rangers announced on Sunday that they've reached an agreement with right-handed reliever Darren O'Day, avoiding an arbitration hearing next month.

According to the Dallas Morning News' Evan Grant, O'Day will earn $1.251 million in 2011, having put up impressive numbers last season for Texas. That figure roughly represents the midpoint between the Rangers' $1.05 million offer and O'Day's desired sum of $1.4 million.

The 28-year-old right-hander posted a 2.03 ERA in a career-high 72 appearances last season, walking just 12 batters -- his lowest single-season total -- in 62 innings.

Sunday's agreement leaves outfielder Josh Hamilton and right-hander Frank Francisco as the Rangers' only unsigned arbitration-eligible players. Texas hasn't gone to an arbitration hearing with a player since 2000.

Bailey Stephens is a reporter for MLB.com. Follow her on Twitter at BStephens27. This story was not subject to the approval of Major League Baseball or its clubs.