Free agent relief pitcher Mike Adams agreed to a two-year, $12-million contract with the Philadelphia Phillies, ESPN.com reported Saturday.
The deal is pending a physical exam.
An option for a third year becomes guaranteed if Adams makes at least 120 appearances, including 60 or more in 2014, in the first two years.
Adams went 5-3 with a 3.27 ERA in 61 appearances for the Texas Rangers this year.
Adams, 34, is recovering from Thoracic Outlet Syndrome, a condition that causes pain in the neck and shoulder and can affect how a pitcher grips the ball. He is expected to make a full recovery from corrective surgery and be ready for spring training.
The Phillies are looking for a top eighth-inning reliever to set up closer Jonathan Papelbon. Philadelphia lost 16 games this year when leading in the seventh inning or later.
In the past three years, Adams led all set-up men in holds with 97 and his 2.06 ERA in that span was second to Atlanta's Eric O'Flaherty among relievers with at least 175 innings pitched.