Nestor Cortes signs one-year deal with Phillies worth $1.5 million

3 sources1 min read • Latest: Aug 20, 2026, 5:57 PM

Last updated Aug 20, 2026

Nestor Cortes signs one-year deal with Phillies worth $1.5 million
Summary

Nestor Cortes has agreed to a one-year contract with the Philadelphia Phillies, which will pay him $1.5 million while he is in the major leagues and $250,000 when in the minors. The announcement was made on August 20, 2026. As part of the agreement, Cortes will be optioned to Class A Clearwater. To make room on the 40-man roster, the Phillies designated right-hander Brian Keller for assignment. Cortes, a former All-Star, last pitched in the majors on September 3, 2025, and has faced challenges with injuries over the past seasons.

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  • Cortes signed a one-year contract worth $1.5 million.
  • He will be optioned to Class A Clearwater.
  • Keller was designated for assignment to open a roster spot.
  • Cortes last pitched in the majors on September 3, 2025.
  • He has a career record of 35-25 with a 3.94 ERA.
Latest Updates
  • 5:57 PMESPN MLBEx-All-Star Cortes agrees to 1-year deal with Phils
  • 5:51 PMYahoo SportsNestor Cortes agrees to deal with Phillies that pays $1.5 million while he’s in major leagues
  • 4:43 PMYahoo SportsNestor Cortes agrees to deal with Phillies that pays $1.5 million while he's in major leagues
What they're saying
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Former All-Star left-hander Nestor Cortes agreed to a one-year contract with the Philadelphia Phillies, a deal that will pay him $1.5 million while in the major leagues and $250,000 while in the minors. Cortes agreed to be optioned to Class A Clearwater as part of the deal announced Wednesday. Right-hander Brian Keller was designated for assignment to open a 40-man roster spot.

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Former All-Star left-hander Nestor Cortes agreed to a one-year contract with the Philadelphia Phillies, a deal that will pay him $1.5 million while in the major leagues and $250,000 while in the minors.

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Nestor Cortes agreed to be optioned to Class A Clearwater as part of the deal.

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