Hellickson made $3.63 million while producing a 4.62 ERA over 27 starts with the D-backs last year. The veteran starter will be eligible for free agency at the conclusion of the 2016 season.
The Phillies acquired Hellickson from the D-backs in exchange for Minor League pitcher Sam McWilliams on Nov. 14.
Hellickson has produced a 3.97 ERA over the 131 starts he has made since becoming a fixture in the Rays' rotation during the 2011 season. But he has struggled since showing great promise during the early portion of his career.
When Hellicksoon posted a 3.