Almost exactly one year ago today Ruben Amaro Jr. handed a veteran reliever a $1.15 million, one-year contract.

It was not money well-spent.

Chad Qualls was released by the Phillies in late June after regularly imploding as the club's setup man.

Some 353 days later, Amaro and his counterparts are banking on an agreement with another veteran reliever.

They're hoping this one goes much better.

Pending a physical, Amaro acknowledged that right-hander Chad Durbin is on board. Jerry Crasnick from ESPN.com reported Monday that the one-year deal is worth $1.1 million with $350,000 in incentives. The contract reportedly includes a club option for 2014.

"He was a guy who was out there at a very good price and still available late in the deal," Amaro said at Monday's Philadelphia Sports Writers Association Banquet at the Crowne Plaza in Cherry Hill, N.J.

Durbin, who turned 35 last month, was a Phillie from 2008 to 2010, when the club won a World Series, two pennants and three NL East crowns. During that stretch, he was 11-7 with a 3.62 ERA. In 226.0 innings pitched (194 games), he struck out 188 and walked 109.

After a rough season with Cleveland in 2011, Durbin bounced back and pitched well for Atlanta in 2012 when he was 4-1 with a 3.10 ERA. He made a career-high 76 appearances, striking out 49 and giving up 28 walks. He allowed just 52 hits.

His career numbers against NL East foes are even better. In 144.0 innings pitched, he has allowed only 44 earned runs for a 2.75 ERA.

"He loved Philadelphia and liked being in Philly and we're hoping to get something done in the next 24 hours or so," Amaro said about the deal becoming official.