Howard agrees to 5-year extension
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Howard agrees to 5-year extension
Daily News staff
First baseman Ryan Howard has signed a five-year contract extension with a sixth-year club option with the Phillies that could take him through the 2017 season, the Phillies announced.
The deal guarantees Howard $125 million over five years and could reach $138 million over six years.
The five-year extension will pay Howard $20 million in each of the 2012 and 2013 seasons and $25 million per year from 2014-16.
The club option is worth $23 million with a $10 million buyout.
The extension includes awards bonuses and a limited no-trade provision.
For some perspective, Howard's $20 million salary in 2012 is $6 million more than the entire Phillies payroll for the 1990 season.
Howard will become the highest paid player in franchise history. In 2012 and 2013, the Phillies will be paying Howard and pitcher Roy Halladay a salary of $20 million each.
Howard's salary for this season is $19 million and is $20 million next season.
Howard, 30, is hitting .275 with three home runs and 16 RBI this season and has started all 18 of the Phillies’ games thus far.
The Phillies now have six players under contract for 2012 (Howard, Halladay, Joe Blanton, Placido Polanco, Carlos Ruiz, Shane Victorino and Chase Utley) and three for 2013 (Utley, along with Howard and Halladay).
Howard, general manager Ruben Amaro Jr. and manager Charlie Manuel are scheduled to have a press conference at 7:30 p.m. Eastern in San Francisco before the Phillies face the Giants.
Here is some background from the press release:
In his major league career, Howard has won the National League Rookie of the Year and MVP awards in successive seasons (2005-06), is a two-time NL All-Star (2006, 2009), won a Silver Slugger Award (2006) and was named MVP of the National League Championship Series last year. In his MVP season of 2006, Howard set a Phillies single-season record with 58 home runs and is the all-time franchise leader in postseason RBI (27).
Since becoming an everyday player on July 1, 2005, Howard leads all major league players in home runs (222) and RBI (650). Last season, Howard became just the fourth player in major league history to have four straight 40 home run/130 RBI seasons, joining Hall of Famer Babe Ruth (7), Ken Griffey Jr. (4) and Sammy Sosa (4), and the fastest player ever to 200 home runs (658 games), besting Ralph Kiner’s previous record by 48 games.
Originally selected by the Phillies in the fifth round of the 2001 draft, Howard enters play tonight with a career .279 batting average, 225 home runs and 656 RBI in 750 games, all with Philadelphia. He currently ranks in fifth place 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.
Wow!. Gotta find a way to do Werth also, Rubes. I don't follow the math, Murph. "$20 million in each of the 2012 and 2013 seasons and $25 million per year from 2014-16" comes to 115 mil for those five years(not 125)?.... Now fun to spec: Since this will likely set the mark for what Albert and agent might ask for, can St. Lou Cards be willing to go there?- AWESOME! I'd simply assumed we'd lose the Shipyard to the Sox or Yankees someday. Great move by the front office. This guy is once in a generation for a fanbase. He should be a bigger national star than he probaly is right now. Could've been a true slugger in any era...(if he was about 10 years older and participated in the "training regimens" of the likes of Bonds/McGwire/Sosa, et al., he would've hit 90 home runs a season)....— Phred09
- Bring back Cliff Lee!!!— msmame
- mind-boggling numbers...question is, will ryan continue to get himself in great shape and keep working hard? what will he be in the last couple years of that deal?why do this deal now when he's signed through next year yet? not saying its a mistake, but that is alot of think about...great in the short run, who knows what in the long run?— jim715
- i bet the Phillies did this to take away the attention from the Eagles' draft— figgypop
very good news. i'm with imageshaper though...cliff lee....— Heckler- by the way, the yanks might target crawford, not werth.... time to rip out some of ashburn alley and put some more seats out there to increase the revenue stream.....— jim715
- Can be the Phils all time home run champ when it's all said and done. Glad to know he'll be doing it in Philadelphia.— Hemingway
- YAY! Major Props to the Phillies for that! I was sure they would cheap out and Ryan would end up with the Red Sox or Yankees after next season. Glad I was wrong and Ryan Howard will be hitting Homers for the Phillies for many years to come. Great Deal!— phillydude
- Like the deal, like Howard very much but this long term financial obligation will keep the organization from extending Werth....it just is not possible to have premier plays and the associated contract at every position.....— Nigel#1
- I would have bet my bottom dollar he was going back home, to St.Louis,WOW!this sure ain't the Phillies team I grew up with!!!!— 101 Abn
- Not bad for a 1/2 tool guy who hit .207 last year and is hitting .227 this year against lefties. Would be more excited if they signed a five tool player like Jayson Werth for that kind of money.— Dull
- Very nice surprise and good move. Agree with bird11, be great to sign Werth, but I suspect Phils will instead try to add a #2 starter since we don't have one. I'm sick of reading Cliff Lee stuff, but if Phils don't resign Werth and Moyer goes off the payroll, love to see the Phils take a run at Lee who will be a Free Agent after this year. Just sayin'.— Z-Force
Insert stupid Cliff Lee remark in about 5, 4, 3, 2,........- Thats alot of money. Why would all u negatrons think we won't resign jrock? U said the same thing about howard a year ago. U were the same bozos sayin "WE NEED TO SIGN FANECA". Mongos.— Onlineps2beast
