Sunday, February 7, 2016

Lidge Signs Three-Year Extension

Phillies closer Brad Lidge agreed to a three-year, $37.5 million contract extension with the Phillies.

Lidge Signs Three-Year Extension

0 comments

Guess that Brad Lidge trade worked out pretty well.

The Phillies announced this morning they have signed Lidge to a three-year, $37.5 million contract extension that keeps him in red pinstripes through 2011. It also includes a signing bonus, awards package, escalators and a club option and buyout for 2012. Lidge, 31, is 2-0 with 19 saves and a 0.77 ERA in 35 appearances for the Phillies this season. He has 47 strikeouts in 35 innings (12.44 strikeouts/9.0 innings pitched) and has set a franchise record by converting his first 19 save opportunities of the season.

The Phillies must like this signing for a couple reasons: 1) They locked up Lidge before he hit the open market, so they got him at a better price. 2) It's a three-year contract, which means the Phillies won't be tied up should something happen to him. Compare that contract to others that closers have signed in recent seasons: Billy Wagner signed a four-year, $43 million contract before 2006. B.J. Ryan signed a five-year, $47 million contract before 2006. And Francisco Cordero signed a four-year, $46 million contract before 2008.

More coverage
Download FREE Philly Sports Now app for iPhone!
Final season stats for Phillies
Buy Phillies jerseys and other gear
WATCH: Daily fantasy baseball updates

*

The bullpen blew it last night in a 9-4 loss to the Mets.

*

Phil Sheridan takes a look at Ryan Howard's very interesting season.

*

In the Phillies Notebook, top draft pick Anthony Hewitt is ready to rock and roll.

*

In The Inquirer's Sunday baseball column, Jim Salisbury talks with Phillies scout Chuck LaMar about Tampa Bay's success this season. Also check out Extra Bases, Refinding It, Phillie Phodder.

0 comments
We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy:

Philly.com comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by Philly.com staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
 
comments powered by Disqus
About this blog

The place for up-to-the-minute Phillies coverage from The Inquirer's beat writers and columnists.

Jake Kaplan Inquirer Staff Writer
Bob Brookover Inquirer Columnist
Marc Narducci Inquirer Staff Writer
Matt Breen Staff Writer
Latest Videos:
Also on Philly.com:
letter icon Newsletter