Phillies sign Jose Contreras to two-year, $5.5 million extension

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Jose Contreras and the Phillies have finalized the two-year contract extension that was reported over the weekend. He’ll get $5.5 million for two seasons and according to Todd Zolecki of MLB.com the Phillies also have a team option for 2013.

Based on his 2010 performance alone Contreras is certainly worth the investment, as he thrived in his first full season as a reliever by going 6-4 with a 3.34 ERA and 57/16 K/BB ratio in 57 innings. However, he seemed to wear down somewhat in the second half and turns 39 years old next month.

Any multi-year commitment to a 39-year-old pitcher is a huge risk and the presence of a third-year team option is sort of amusing. What are the chances of the Phillies wanting to exercise their option on a 41-year-old Contreras come 2013?

Aaron Boone interviewed for the Yankees manager job today

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MLB.com’s Bryan Hoch reports that ESPN broadcaster Aaron Boone interviewed for the Yankees’ manager job today. No word as to whether he hit a big home run.

Boone, an ESPN analyst, obviously has some history with the Yankees, but he has no coaching experience at any level. Joel Sherman of the New York Post wrote earlier this week of Boone that the Yankees “are intrigued if his charisma and passion can compensate for inexperience.” I’d say the answer to that question, whenever asked and in whatever context, is always “no,” but I suppose there’s a first time for everything.

So far the Yankees have interviewed Rob Thomson, Eric Wedge and Hensley Meulens. Yesterday Brian Cashman said there was no rush to fill the job, and that the Winter Meetings are not a deadline for the team in doing so.