The Rangers announced that they have avoided arbitration with Neftali Feliz on a one-year deal. The pact is worth $2.9MM, a source told Anthony Andro of FOX Sports Southwest (on Twitter). He can earn an additional $50K based on appearances, MLBTR's Tim Dierkes has learned. Feliz is a client of California Sports Management.
The 24-year-old was brought into the rotation in 2012 but wound up missing most of the year after undergoing Tommy John surgery. In the fall, GM Jon Daniels told reporters that he would likely bring Feliz back in 2013 as a reliever.