Chase Utley’s extension with Phillies worth up to $75 million

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Chase Utley’s contract extension with the Phillies is officially a two-year, $27 million deal, but Ken Rosenthal of FOXSports.com reports that the second baseman can earn up to $75 million depending on what happens with vesting options.

According to Rosenthal the contract includes three vesting options for $15 million each in 2016, 2017, and 2018, which are triggered if Utley reaches 500 plate appearances in the previous season. Utley will be 35 years old in a couple months and hasn’t topped 500 plate appearances in a season since 2010, so it’s certainly an interesting contract that includes other incentives and buyouts that could bring it to a maximum of $75 million over five years.

If he stays healthy and effective the Phillies would gladly pay him $15 million per season, but the vesting options remove just about all the risk from the team’s point of view. Beyond paying him $27 million for ages 35 and 36, of course, which certainly carries plenty of risk in itself. Check out Rosenthal’s full breakdown for all the other details, including what happens if Utley doesn’t reach 500 plate appearances and the Phillies get team options for those years.

Report: Royals sign Neftali Feliz

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Ken Rosenthal of FOX Sports reports that the Royals have signed free agent reliever Neftali Feliz, pending a physical. The Brewers designated Feliz for assignment last week and released him on Monday.

Feliz, 29, opened the season as the Brewers’ closer, but struggled and was eventually taken out of the role in mid-May, giving way to Corey Knebel. In 29 appearances spanning 27 innings with the Brewers, Feliz posted a 6.00 ERA with a 21/15 K/BB ratio.

The Royals have had bullpen issues of their own, so Feliz will try to provide some stability given his track record. It’s not clear yet if the Royals want to let Feliz get his feet wet at Triple-A or throw him right into the bullpen mix.

Mets may move Asdrubal Cabrera to second base upon return from DL

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Newsday’s Marc Carig reports that the Mets may move Asdrubal Cabrera to second base when he returns from the disabled list. Cabrera has been on the disabled list since June 13 with a sprained left thumb, but he’s expected to be activated on Friday.

Cabrera, 31, last played second base in 2014 with the Nationals. He has played shortstop exclusively as a Met the last two seasons. Jose Reyes would continue to play shortstop if the Mets were to go through with the position change. Cabrera would displace T.J. Rivera, who has been playing second base in place of the injured Neil Walker.

In 196 plate appearances this season, Cabrera is hitting .244/.321/.392 with six home runs and 20 RBI. He has made 11 defensive errors, which is tied for the third-most among shortstops behind Tim Anderson (16) and Dansby Swanson (12).