Phillies sign Chase Utley to two-year, $27 million extension

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UPDATE, 8:01 p.m. ET: CBS Sports’ Jon Heyman says the base of the deal is two years, $27 million. That’s pretty good value for a player like Utley.

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7:32 p.m. ET: As first reported by CSNPhilly.com’s Jim Salisbury, the Phillies have reached agreement on a contract extension with second baseman Chase Utley. The specifics of the deal have not been made available, but FOX Sports’ Ken Rosenthal is hearing that it will be a two-year pact in the high $20 million range with multiple vesting options.

There was talk of Utley being shopped at last month’s July 31 trade deadline, but the Philadelphia front office wound up selling no one and will try to build around the current crop of Phillies players.

Utley is in the final season of a seven-year, $85 million contract that he signed in January 2007. The 34-year-old is still a highly productive hitter, boasting a .275/.336/.505 batting line with 15 home runs and 42 RBI in 83 games this year. Phillies GM Ruben Amaro Jr. wasn’t kidding about not wanting to rebuild.

Shelby Miller likely to make season debut on Monday

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The Diamondbacks announced that the club optioned starter Matt Koch to Triple-A Reno after Tuesday night’s game. According to Nick Piecoro of Azcentral Sports, Shelby Miller will likely be activated from the 60-day disabled list to start against the Marlins on Monday.

Miller, 27, has been out since late April of 2017 after undergoing and rehabilitating from Tommy John surgery. The right-hander has had a rough time since coming to the Diamondbacks in a trade with the Braves, starting 24 games since the beginning of the 2016 season with a 5.78 ERA and a 90/54 K/BB ratio in 123 innings.

That trade, consummated on December 9, 2015, is certainly one the D-Backs would like to take back. They received Miller and Gabe Speier from the Braves and gave up Ender Inciarte, Dansby Swanson, and Aaron Blair.

Koch, 27, made 12 starts and one relief appearance this season, compiling a 4.40 ERA with a 38/17 K/BB ratio in 71 2/3 innings.