Ruiz Agrees to Three-Year Extension
And the Phillies have locked up their final salary arbitration eligible player.
A few days after they signed Joe Blanton and Shane Victorino to three-year extensions, the Phillies have agreed to a three-year, $8.85 million extension with Carlos Ruiz, pending a physical. A source told MLB.com there also is a fourth-year option worth $5 million with a $500,000 buyout.
The contract buys out Ruiz’s three years of arbitration eligibility, and potentially his first year of free agency.