4:03pm: Venters' deal is worth $1.625MM, the same as he earned last season, a source tells Ben Nicholson-Smith of Sportsnet (on Twitter).

4:47pm: The Braves have avoided arbitration with reliever Jonny Venters, agreeing to a one-year deal, according to David O'Brien of the Atlanta Journal-Constitution (via Twiter). Financial terms of the deal are not yet known but Matt Swartz of MLBTR estimated that he would earn $1.625MM through arbitration.

Venters is recovering from his second Tommy John surgery and should be available to the club in April or May of 2014. Because of his injury woes, the reliever was a non-tender candidate, but Atlanta decided to bring him back in hopes that he can make a full recovery. The left-hander owns a career 2.23 ERA with 10.1 K/9 and 4.3 BB/9 across three seasons.