Summary
The Philadelphia Phillies are close to finalizing a five-year, $150 million contract with baseball player Kyle Schwarber. This deal would be the second-largest for a designated hitter in baseball, with all five years paying $30 million each year.
Key Facts
- The Philadelphia Phillies are working on a five-year contract worth $150 million with Kyle Schwarber.
- The contract will pay Schwarber $30 million annually.
- This contract will be the second-largest for a designated hitter in baseball, following Shohei Ohtani's deal.
- Schwarber was open to staying with the Phillies, and the team wanted to re-sign him.
- The deal will keep Schwarber with the Phillies until he is 37 years old.
- Schwarber is the first top hitter from the open market to sign a deal this offseason.
- With Schwarber signed, teams may focus on signing other top players like Pete Alonso and Kyle Tucker.
