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: Red Sox sign Kenley Jansen to 2-year, $32 million deal

Dale Zanine-USA TODAY Sports
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SAN DIEGO — Veteran closer Kenley Jansen and the Boston Red Sox have agreed to a two-year, $32 million deal, a person familiar with the deal told The Associated Press.

The person spoke to the AP on condition of anonymity because the agreement was pending a physical.

The 35-year-old Jansen went 5-2 with a 3.38 ERA in 64 innings for Atlanta this year. The three-time All-Star led the National League with 41 saves, helping the Braves win the NL East title.

Boston is looking to bounce back after it finished last in the AL East this season with a 78-84 record. The Red Sox went 92-70 in 2021 and lost to Houston in the AL Championship Series.

Jansen spent his first 12 seasons with the Los Angeles Dodgers, winning a World Series title in 2020. The right-hander signed a $16 million, one-year contract with Atlanta in March.

Jansen has a 2.46 career ERA. He was an All-Star in 2016-2018.

His 391 career saves are the second-most among active players (behind Craig Kimbrel‘s 394) and eighth all time.