MLB Free Agent News: Papelbon To The Phillies, Bye Bye Boston
The Philadelphia Phillies and Papelbon have agreed to the largest ever for a reliever, $50 million over four years. Papelbon turns 31 in ten days and has had 219 saves over seven seasons with the Boston Red Sox, including 31 this year. He was signed to potentially replace free agent Ryan Madson.
Papelbon’s deal includes an option for 2016 that could become guaranteed based on games finished and would make the deal worth $63 million over five seasons. The previous high for relievers had been $47 million, with B.J. Ryan agreeing to a five-year contract with Toronto before the 2006 season and Joe Nathan getting a four-year deal from Minnesota in March 2008.