Results tagged ‘ Seth Levinson ’

Phils Reach Agreement with Papelbon

The Phillies have their closer for 2012 and beyond.

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.

Madson or Papelbon?

The Phillies might sign a closer to a multiyear contact in the coming days.

It could be Ryan Madson.

But don’t rule out Jonathan Papelbon.

Sources said the Phillies and Madson’s agent Scott Boras never reached an agreement on a four-year, $44 million deal, which has been widely reported since yesterday. The sources said the parties continue to talk, but no deal is imminent.

While the Phillies have been talking to Boras about Madson, they also have been talking to Sam and Seth Levinson, who represent Papelbon. Ruben Amaro Jr. has said he wants a veteran closer in the bullpen next season, and Papelbon certainly fits the bill. He is a four-time All-Star with 219 career saves with the Boston Red Sox.

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