The Phillies just announced the team has reached a three-year extension with pitcher Joe Blanton worth $24 million. Blanton, who was set to be a free agent after the 2010 season, had requested $10.25 million in salary arbitration.
This agreement means all four of the Phillies' top starting pitchers are locked up through the 2012 season.
Earlier today, Blanton's agent talked about his client's desire to stay in Philadelphia.
The Phillies have scheduled a 5 p.m. news conference. More to come.