UPDATE: Phillies, Jonathan Papelbon agree to four-year, $50 million contract

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UPDATE III: Jon Heyman of SI.com reports that Papelbon is guaranteed $50 million over four years while the vesting option is believed to be easily attainable.

UPDATE II: If you were somehow on the fence about this deal being excessive, this should push you overboard and then some. Jayson Stark of ESPN.com reports that Papelbon will also receive a vesting option for a fifth year which would make the total package worth more than $60 million.

UPDATE: Oh boy. Salisbury reports that the deal is for four years and approaches $50 million.

Meanwhile, Jon Heyman of SI.com has confirmed the deal.

2:33 PM: Well, here’s an old fashioned swerve.

According to Jim Salisbury of CSNPhilly.com, the Phillies and Jonathan Papelbon have reached agreement on a contract, pending a physical.

No word on the contract details yet, but the Phillies were reportedly close to signing Ryan Madson to a four-year, $44 million contract with a club option for a fifth year. You’d have to think it would be something similar, if not more.

Papelbon, who turns 31 later this month, has a 2.33 ERA over seven seasons in the big leagues. He struggled with his command last season, leading to a career-high eight blown saves, but bounced back in a big way in his contract year, posting a 2.94 ERA and 87/10 K/BB ratio over 64 1/3 innings.

Papelbon qualifies as a Type A free agent this winter, so barring changes to the CBA, the Phillies will surrender their first-round pick (No. 31 overall) in the 2012 First-Year Player Draft to Boston.

If Salisbury’s report is true, Papelbon’s deal would be the richest contract ever for a relief pitcher, surpassing the five-year, $47 million deal B.J. Ryan signed with the Blue Jays in November of 2005. Mariano Rivera would still have the highest average annual (AAV) for a relief pitcher, at $15 million.

Sean Manaea pitches first no-hitter of 2018

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Athletics southpaw Sean Manaea delivered his first career no-hitter against the Red Sox in a decisive 3-0 victory on Saturday night. Any thought of a perfect game was banished in the first at-bat, when Mookie Betts drew a leadoff six-pitch walk to open the first inning. From there, Manaea was nearly flawless, holding the Sox to four total baserunners and striking out 10 of 30 batters faced — a career record.

Manaea was gifted a three-run lead thanks to RBI doubles from Jed Lowrie and Stephen Piscotty and Marcus Semien‘s solo shot off of Chris Sale in the fifth inning. While the Red Sox managed to draw two walks off of Manaea, they didn’t come anywhere close to plating a run. Andrew Benintendi tried to break up the no-no in the sixth inning with an infield hit down the first base line, but strayed out of bounds and later saw his hit reversed on a call of batter interference.

Entering the ninth inning, the 26-year-old lefty was sitting at just 95 pitches through eight frames of no-hit ball. He quickly deposed Blake Swihart and Mookie Betts with a groundout and fly out, then walked Benintendi on seven pitches. Any threat the Red Sox might have posed was soon eliminated, however, as Hanley Ramirez ground into a force out to complete the no-hitter.

Manaea is the first A’s pitcher to toss a no-no since Dallas Braden’s perfect game against the Rays eight years ago. The last time the Red Sox were on the losing end of a no-hitter was also against an AL West rival, when the Mariners’ Chris Bosio clinched a 2-0 no-no on April 22, 1993. Manaea’s feat is even more outstanding given how dominant the Red Sox have looked this season: prior to Saturday’s defeat, they boasted a 17-2 record and had yet to be shut out during the regular season.