Ryan Howard, Phillies sign a five year, $125 million contract extension

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Howard skinny.JPGUPDATEDone deal. 5 years, $125 million. It kicks in starting in 2012.  This seems like a really bad, really unnecessary move for the Phillies. More later on this, of course.

2:20 P.M.: Part of what we do here is pass along rumors. When it’s one that I’m really dubious about, I make extra sure to put the little “Rumor:” disclaimer in the headline just so you don’t think I’m trafficking in complete and utter nonsense with the intent to mislead. I try to keep my trafficking in complete and utter nonsense is totally above-board.

With that disclaimer out of the way, Jim Salisbury of CSN-Philly is reporting that the Phillies are poised to sign Ryan Howard to a five-year extension.

This makes little sense to me as Howard is signed through 2011, when he’s going to make $20 million. Howard has admirably transformed himself from a big ol’ slugger to a smaller, more athletic slugger who is no longer a horror show at first base, but he’s still a big guy on the wrong side of 30 who could very easily fall off a cliff before he’s 35 as so many sluggers who fit his profile do. It would be puzzling at best for the Phillies to make a five year commitment to that type of player, especially when they have more pressing contractual issues such as Jayson Werth.

I don’t have enough experience going through Jim Salisbury’s rumor history to know if it’s reliable or not. I’ll note that he was out front of the Roy Halladay-to-Philly rumors last fall, and he was the first to report that the Phillies were talking to Shane Victorino about a contract extension. Still, this one seems far-fetched to me.

Kyle Gibson, Orioles finalize 1-year, $10M contract

Bill Streicher-USA TODAY Sports
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SAN DIEGO – Right-hander Kyle Gibson and the Baltimore Orioles finalized a one-year, $10 million contract.

The 35-year-old would receive a $150,000 assignment bonus if traded, payable by the receiving team. He also can earn a $25,000 bonus if he is elected or selected for the All-Star team. Gibson was an All-Star in 2021.

Gibson was 10-8 with a 5.05 ERA in 31 starts for Philadelphia last season. He also pitched 2 1/3 scoreless innings in two relief appearances in the postseason for the NL champions.

Baltimore gained another experienced arm as it looks to build on its surprising season. After losing 110 games the previous year, the Orioles contended for an AL wild card for much of the summer before finishing 83-79 for the franchise’s first winning record since 2016.

Gibson was an AL All-Star in 2021, going 6-3 with a 2.87 ERA in 19 starts for Texas. He was traded to Philadelphia that July, and he went 4-6 with a 5.09 ERA in 12 appearances for the Phillies down the stretch.

The 6-foot-6 Gibson was selected by Minnesota in the first round of the 2009 amateur draft. He made his big league debut with the Twins in 2013.

He spent his first first seven seasons with Minnesota, going 67-68 with a 4.52 ERA in 193 games, including 188 starts. He had his best year in 2018, finishing with a career-low 3.62 ERA in a career-best 196 2/3 innings.

Gibson, who signed a $28 million, three-year contract with Texas in December 2019, is 89-91 with a 4.52 ERA in 267 major league games.