The Phillies have signed right-hander Chad Billingsley to a one-year, $1.5 million contract, according to a team announcement. As reported by Jon Heyman of CBSSports.com, Billingsley can earn up to $6.5 million in contract bonuses, pushing the maximum value of the contract to $8 million.
Billingsley, 30, has not pitched in the majors for almost two years due to multiple arm injuries, but drew strong interest from the Diamondbacks and other teams before signing with Philadelphia. The righty joins Jerome Williams and Aaron Harang as veteran starters to be signed to one-year contracts by the Phillies this winter, and will join them, Cole Hamels, Cliff Lee and David Buchanan in the team's rotation mix during spring training.
Billingsley has spent his entire major-league career with the Dodgers, posting an 81-61 record and 3.65 ERA in 219 appearances (190 starts). His last full season was in 2012, when he pitched to a 10-9 record and 3.55 ERA in 25 starts, just three years after being named to the NL All-Star team in 2009.