Howard agrees to 5-year extension
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.
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.
HELLZ YESSSSS He's Worth it!— brian kain- I agree with bird11 lets get worth signed to a 3 yr deal and trade Ibanez during the offseason to make way for the "rookie"...— gottaloveit
- werth is packing his bags already..... im more worried about jimmy rollins signing in a couple years. will the money be there?— referees
- Couldn't we at least wait on this big bucks deal until he gets a hit this month?— TheSage
- Good news, but I'm confused. What's a Cy Young-winning lefty who mows 'em down in the playoffs worth?— dasher
- Wow, this came out of nowhere. Excellent news. Just to add to Boston Strangler's comments, not only Howard is working his tail off and Big Papi apparently never did, Ortiz is probably older that what his birth certificate says.— EL Zorro
- great sign-- next--- trade ibanez and pay some of his salary--- ibanez and moyer`s money--- take it -- sign werth- bring up brown- there is a window achieve greatness— megmel
- This means Jason Werth and maybe someone else is out of HEREEEEEE— DSU
- FACE of the FRANCHISE for years to come!!!!— PhillyPhilly
- Howard would have been the perfect guy to trade next season for several prospects - teams like the Angels would have given you a lot. With his payroll and Moyer's coming off the books, they could have re-signed Werth, competed to sign Lee, and still have money left over to address more pitching. Dom Bown could have been called up to fill a spot as well. I know he is great, but the value in return for payroll flexibility and prospects might have been a combination that makes this team great for years -— SidGM
- I love the move to lock up Howard..hopefully he retires as a Phillie. At this point, it would be great to try to unload Ibanez's salary via a trade to free up the $$ for Werth...then have Francisco start in left and call up Dom Brown. Ibanez is killing us right now, but he could be good for a team who needs more leadership...— jphil
- Travis Lee.— rochaa3
Comment removed.- I see Ryan Howard as a Fred McGriff type, just better. Crime dog played into his 2nd half of his 30s, ended just under 500 dingers, decent glove, decent average, great teammate and overall just a great guy. When the likes of Bonds, McGwire, Sosa and Palmeiro were cheating their way to 500 hr-club, Crime dog did it legit, with class and respect towards the game. This is awesome for the team, and Ryan, and as mentioned before, baseball. It's nice to see players stay with the team that brought them up, and not just run to the cash machine like the Yanks/Saux have done.— Bleue
- He will likely end up as the Phillies all time HR leader now. Unless he gets hurt.— HitsLikeAGurlBurrel
