Phils Reach Agreement with Papelbon
Sources confirmed the Phillies reached an agreement on a four-year contract with free agent right-hander Jonathan Papelbon, who has spent his first seven seasons in the big leagues with the Boston Red Sox. The Phillies and Papelbon’s agents, Sam and Seth Levinson, are still finalizing the details of the contract, which is pending a physical.
The deal includes a fifth-year vesting option. CSNPhilly.com reports the deal approaches $50 million.
The agreement caps an interesting week. Talks between the Phillies and Ryan Madson’s agent Scott Boras ratcheted up Monday. There were multiple reports Tuesday the sides had reached an agreement on a four-year, $44 million deal, which Phillies general manager Ruben Amaro Jr. denied.
Talks between the Phillies and Madson fell apart and the Phillies finalized their deal for Papelbon.