Tagged: Contract Extension

The Phils have accepted Carlos Ruiz’s option for 2013, declined options on Placido Polanco, Jose Contreras and Ty Wigginton.

The Phils have earlier this week (Monday) announced that they have accepted Carlos Ruiz’s $5 million dollar option for 2013, so he’ll be staying with the ballclub for at least another season. Carlos, who played in 114 games, thanks in part to being on the DL twice during the season, had a .325 batting average (121 for 372) with a .935 OPS, as he had 32 doubles and 16 home runs, while knocking in 68 RBIs, while scoring 56 runs.

The Phils also announced that they are decling Placido Polanco’s option, instead buying out his option at $1 million, making him a free agent, as they pursues other options for third base. The Phils have also declined both Jose Contreas and Ty Wigginton’s options, buying them out at $500,000 dollars each, also making them free agents. Juan Pierre and Brian Schneider have also become free agents, as the Phils start making changes to their roster for the 2013 season, hoping to make themselves more competitive for next year’s pennant race .


Phils announce that they have given Kyle Kendrick an extension on his contract.

Yesterday, as the Phils’ pitchers and catchers begin their first official workout at Carpenter Field in Clearwater, Florida, the Phils announced that they have extended Kyle Kendrick’s contract.

Kendrick, who had about a month ago avoided arbitration by signing a one-year contract worth $3.585 million dollars, will now receive a two-year contract worth $7.5 million dollars plus incentives.

The move shows how much the Phils value his versatility as being a starter, a spot starter, and a long man out of the bullpen. Hopefully this will also mean that they have enough money to later give Cole Hamels an extension on his one-year contract. Time will tell on that one, I guess.

Glad that you’ll be sticking around, Kyle. Do not mess up.

Oh, and welcome back Baseball! Go PHILS!!!

Phils have resigned Brian Schneider for one year.

The Phils have just announced that they have resigned catcher Brian Schneider to a one-year deal.

Schneider, who had appeared in 41 games in 2011, batted a low .176 batting average, with 4 doubles, 2 home runs and 9 RBIs.

With that out of the way, the Phils now have to see if they can resign Jimmy Rollins to a multi-year deal, and sign up free agent Michael Cuddyer to the bench, as well as decide whether to sign Cole Hamels to a multi-year deal, or continue with arbitration for another year. (I prefer they tie Hamels up, but that’s just me).

The Phils have extended Ruben Amaro, Jr.’s Contract.

Earlier today, the Phils have announced that they have extended General Manager Ruben Amaro, Jr.’s contract. Amaro has signed a four-year extension with the Phils a day after the team had signed manager Charlie Manuel to a two-year extension of his contract. This means that Amaro will be the Phils’ General Manager through 2015, helping to keep things stable at the top for the next few years.

Here’s to hoping that he’ll be making some more deals that’ll help the team during that time. Time to really start earning, Ruben.

Charlie Manuel contract extended for two more years.

The Phils have extended Charlie Manuel’s contract with the Phils for two more seasons as the Phils manager, for $7.5 million dollars, so he’ll still be the Phils’ manager until the end of 2013.

Congrats on the new contract, Charlie. Hopefully it’ll lead to a few more playoff appearances.

The Phils have signed Howard to a five-year contract to keep him with the club through 2016.

Howard signs five-year extension

Slugging Phillies first baseman guaranteed $125 million

04/26/10 2:29 PM ET

SAN FRANCISCO — The Phillies took an enormous step Monday to keep the main power source in their lineup through 2016.

They announced they had signed Ryan Howard to the largest contract in franchise history. It is a five-year, $125 million contract extension, which keeps him in Phillies pinstripes through 2016. The contract also includes a sixth-year club option for 2017 that could raise the value of the deal to $138 million.

Howard, 30, currently is in the middle of a three-year, $54 million contract extension, which he signed in Feb. 2009. He will make $19 million this season and $20 million in 2011. The latest extension begins in 2012. He will make $20 million in 2012 and ’13 and $25 million from 2014-16. The option in 2017 is worth $23 million with a $10 million buyout.

The $25 million guaranteed average salary in the extension will be baseball’s second-highest behind Alex Rodriguez’s $27.5 million average under a 10-year contract with the Yankees running through 2017.

Howard’s deal includes awards bonuses and a limited no-trade provision.

Howard won the National League Rookie of the Year in 2005 and NL Most Valuable Player Award in ’06. He made the NL All-Star team in 2006 and 2009, won a Silver Slugger in 2006 and earned NL Championship Series MVP honors last season.

Since Howard replaced Jim Thome at first base July 1, 2005, he leads the Majors in home runs (222) and RBIs (650). Howard is just the fourth player in baseball history to have four consecutive seasons with at least 40 home runs and 130 RBIs. Babe Ruth, Ken Griffey Jr. and Sammy Sosa are the others.

Howard also was the player fastest to hit 200 home runs, which he accomplished in 658 games. Ralph Kiner held the previous mark, hitting 200 homers in his first 706 games.

Thome and Chase Utley both signed $85 million contracts with the Phillies, which had been the biggest contracts in team history until Howard’s deal.

Originally selected by the Phillies in the fifth round of the 2001 Draft, Howard enters Monday night with a career .279 batting average, 225 home runs and 656 RBI in 750 games, all with Philadelphia.  He currently ranks fifth on the Phillies’ all-time home run list, behind Mike Schmidt (548), Del Ennis (259), Pat Burrell (251), and Chuck Klein (243).  His .583 slugging percentage is the best in club history.

H/T (Phillies.com)  

The Phils have signed Rhino to a five-year, $125…. Okay, when did the cheapsakes decide to open up their wallet? But, seriously, it is about freaking time that they did something like this. Come on, Ryan, show them that you deserve the money!!!

Two to go as Blanton signs a three-year $24 Million  extension

The Phils can now concentrate on signing to new contracts Carlos Ruiz and Shane Victorino as they have just signed Joe Blanton to a three-year contract extension worth $24 million dollars. Blanton, who went 12-8 with a 4.05 ERA in 31 starts in 2009, will be paid $7 million in 2010, and $8.5 million in both 2011 and 2012.

With Blanton’s contract signing, the Phils starting four is now set up to 2012, unless one of them is traded. Roy Halladay is the number one starter, Cole Hamels no. 2, and Joe Blanton and J.A. Happ as either the no. 3 or 4 man, depends on how they do during the season(s). With Jamie Moyer coming off of post-season surgery, the no. 5 position for the present season presently being up in the air, to be settled during spring training.

Okay, Ruben, time to sign up Ruiz and Victornio.