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Alvarado avoided arbitration by signing a one-year, $1 million contract Friday, Robert Murray of FanSided.com reports.
The Phillies will be hoping Alvarado can plug a hole in their historically leaky bullpen this season. He's been a high-leverage reliever at times in the past, but he's since struggled through a pair of injury-filled campaigns, posting a 5.08 ERA and a 17.3 percent walk rate over that stretch.
