Ferguson and the Dodgers settled on a one-year, $1.1 million contract Friday, Fabian Ardaya of The Athletic reports.

EDGE Analysis

Ferguson and the team will avoid dealing with the arbitration process after coming to an agreement Friday. The reliever was very effective in 2022, posting a 1.82 ERA and 1.15 WHIP with 37 strikeouts and seven holds over 34.2 innings in 37 appearances out of the Dodgers' bullpen and he'll likely operate in a significant role again in 2023.