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1/15/2014 7:47 P.M. ET

Rangers, Cotts agree to deal, avoid arbitration

Reliever to earn $2.2 million; Texas has three eligible players remaining

ARLINGTON -- The Rangers have agreed with reliever Neal Cotts on a $2.2 million contract and avoided a potential arbitration hearing, the club announced Wednesday.

Cotts earned $750,000 in 2013, when he appeared in 58 games and went 8-3 with a 1.11 ERA. In 58 innings, he allowed 36 hits and 18 walks while striking out 65. Opponents batted .180 off him.

Cotts' ERA was the 15th lowest by a reliever with at least 50 innings pitched over the past 40 years and the lowest by a Rangers pitcher. Cotts made his debut with the Rangers on May 15 after going almost four years without having pitched in the Major Leagues.

The Rangers have three arbitration-eligible players who remain unsigned: pitchers Neftali Feliz and Alexi Ogando, and designated hitter Mitch Moreland. On Friday, salary figures will be exchanged between the respective sides. The Rangers haven't had an arbitration case since 2000.

T.R. Sullivan is a reporter for MLB.com. Read his blog, Postcards from Elysian Fields, and follow him on Twitter @Sullivan_Ranger. This story was not subject to the approval of Major League Baseball or its clubs.