Howard’s future secure with Phils
The slugging first baseman agreed to a $125 million, five-year contract extension Monday that could keep him with the Phillies until 2017.
Howard’s teammates wasted no time hitting him up for favors, either.
“Where we going to eat, Ryan?” Ben Francisco asked.
Howard just chuckled.
“He’s going to take all your money,” quipped Shane Victorino.
The 30-year-old Howard will make $20 million each in 2012 and 2013 and $25 million annually from 2014-16. The Phillies have a $23 million club option for 2017 with a $10 million buyout.
“This is a very good contract for him,” Howard’s agent Casey Close said. “The reason he felt the time was right was he loves his teammates, he loves the city. He wanted to be a part of something special for a long time to come.”
The two-time All-Star led the Phillies to two straight trips to the World Series, winning a championship in 2008.
The $25 million guaranteed average salary in the extension will be baseball’s second-highest behind Alex Rodriguez’s $27.5 million average under a 10-year contract with the Yankees running through 2017.
One of the factors that might have influenced Howard in agreeing to the deal now is that he would have been eligible for free agency after the 2011 season, when he will be 32.
After being briefly stuck in the minors while Jim Thome manned first for the Phillies, Howard was the 2005 Rookie of the Year at 25, the same age A-Rod signed his first free-agent deal—$252 million with Texas in 2001.
Howard, the 2006 NL MVP, is earning $19 million this season as part of a $54 million, three-year deal that pays him $20 million in 2011. He signed that deal in February 2009.
Close said the sides began talking about a long-term deal during spring training, before the rumored megatrade of Howard for St. Louis star Albert Pujols surfaced on the Internet and was quickly quashed.
Howard hit .279 with 45 homers and 141 RBIs last season and has three homers and 16 RBIs in 80 at-bats this April.