The Phillies have signed righty Jerome Williams to a one-year, $2.5MM contract extension that will keep him off the free agent market in advance of the 2015 season, the club announced. The contract includes incentives that could boost its value to $4MM, per Chris Cotillo of MLBDailyDish.com (via Twitter).

Williams, who is nearing his 33rd birthday, was quite productive in a short stint with the Phillies this year. Over nine starts for Philadelphia, he logged 57 1/3 frames of 2.83 ERA ball. Of course, that was his third MLB club on the year, and Williams did not put up very attractive numbers in his first two stops with the Astros and Rangers, combining for a 6.71 ERA over 57 2/3 frames.

All said, Williams finished 2014 with 6.4 K/9 against 2.8 BB/9, while posting a cumulative 4.16 FIP, 4.09 xFIP, and 4.03 SIERA. Those numbers provide some reason for optimism, though the Phillies may hope that five better rotation arms emerge from the spring, allowing them to stash Williams as a long man.

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