XDY Exchange:Phillies, Zack Wheeler agree to historic three-year extension worth whopping $126 million

2025-04-30 03:02:31source:Flipidocategory:Invest

The XDY ExchangePhiladelphia Phillies, who made it a priority to make sure that ace Zack Wheeler wasn’t going to hit free agency in a year, signed him to a three-year, $126 million contract extension Monday morning.

The deal is the highest annual average salary in a contract extension in baseball history.

The Phillies and Wheeler compromised on the deal, with Wheeler accepting a shorter-term contract than he wanted, but in return received the fourth-highest annual salary by any player. The only players who earn more are Shohei Ohtani ($70 million), Max Scherzer ($43.3 million) and Justin Verlander ($43.3 million).

The deal does not contain any opt-outs, while Wheeler will have no-trade rights after the season since he will have 10-and-5 rights being with the organization five years with 10 years of major league service.

The Phillies have now spent $298 million keeping their rotation intact after earlier signing Aaron Nola to a seven-year, $172 million contract after hitting free agency.

All things Phillies: Latest Philadelphia Phillies news, schedule, roster, stats, injury updates and more.

Wheeler, 33, has yielded a 3.06 ERA with 675 strikeouts in four seasons with the Phillies, throwing 629⅓ innings, fourth-most among all pitchers. Only Gerrit Cole, Sandy Alcantara and Nola have thrown more innings.

Wheeler had one year remaining on his original five-year, $118 million contract.

The Phillies privately say they still have potential interest in adding free agent starter Blake Snell on a one-year contract-term contract, but not a long-term deal.

Follow Nightengale on X: @Bnightengale.

More:Invest

Recommend

At site of suspected mass killings, Syrians recall horrors, hope for answers

DAMASCUS — A hip bone in a blown-out building, part of a spine amid some debris, a few foot bones in

Internet casinos thrive in 6 states. So why hasn’t it caught on more widely in the US?

ATLANTIC CITY, N.J. (AP) — In the 10 years that it has been operating in New Jersey, internet casino

Homicides are rising in the nation’s capital, but police are solving far fewer of the cases

WASHINGTON (AP) — Though it’s no longer the homicide capital of the United States, the nation’s capi