Ryan Howard has two years and $60 million left on his $125 million contract and Anthony Castrovince of MLB.com reports that the Phillies are willing to cover $50 million of that money if a team trades for him.
That sounds like a lot and it is, but it also means any team trading for Howard would still have to commit to paying $10 million for two seasons of a 35-year-old, poor defensive first baseman who slugged just .380 last season and has a combined .720 OPS during the past three seasons.
Howard has essentially been a replacement-level first baseman for a long time now, meaning teams can typically find his level of production–low batting average, decent power, .700 OPS–in lots of first basemen available for minor-league deals and waiver claims every year. Those guys cost $500,000 per season, not $5 million.
My guess it that if the Phillies are truly committed to moving Howard they’re going to need an injury to cause some team to get desperate or they’re going to need to essentially eat his entire contract while also requiring a low-level prospect in return.