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.

Astros clinch postseason berth with 11-3 win over Angels

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No surprise here: The Astros are headed back to the postseason to defend their title following a landslide 11-3 win over the Angels on Friday. This figures to be their third playoff run since 2015, though they have yet to wrap up the AL West with a division title.

First baseman Yuli Gurriel led the charge on Friday, smashing a grand slam in the first inning and tacking on a two-run homer in the second and RBI single in the fifth to help the Astros to a seven-run lead. The Angels eventually returned fire, first with Mike Trout‘s 418-foot homer in the sixth, then with an RBI hit from Francisco Arcia in the seventh, but they couldn’t close the gap in time to overtake the Astros.

On the mound, right-hander Gerrit Cole clinched his 15th win of the year after holding the Angels to seven innings of three-run, 12-strikeout ball. His sixth strikeout of the night — delivered on an 83.1-MPH knuckle curveball to Kaleb Cowart — also marked the 1,000th strikeout of his career to date. He was backed by flawless performances by lefty reliever Tony Sipp and rookie right-hander Dean Deetz, both of whom turned in scoreless innings as the offense barreled toward an 11-3 finish with Jake Marisnick‘s sac bunt and George Springer‘s three-run shot in the eighth.

Despite having qualified for the playoffs, the Astros still carry a magic number of 6 as they look to clinch a third straight division title. They’re currently up against the Athletics, who entered Friday’s contest against the Twins just four games back of first place in the AL West.