Ryan Howard and the Phillies reach a 3-year,
$54 million agreement, thus avoiding salary
arbitration until his free agency eligibility in
UPDATE: Info on Scott Olsen's deal with the Nationals has been added below
It appears Ryan Howard and the Philadelphia Phillies will not be going to salary arbitration two-years in a row.
Howard and the Phillies have reached a 3-year, $54 million agreement, thus avoiding salary arbitration.
He will earn $15 million for the 2009 season, $19 million next year and $20 million in 2011.
Howard had been seeking $18 million in salary arbitration while the Phillies were offering $14 million. According to The AP, Howard’s asking figure of $18 million was the third-highest figure submitted since the process began in 1974.
The $15 million that Howard will earn in 2009 is $1 million below the mid-point between the two figures. His 2009 salary of $15 million is a 50 percent increase over his $10 million salary he earned in 2008.
Howard won his arbitration case last year, thus being awarded $10 million, the largest amount for a first time salary arbitration eligible player at the time. In two years, Howard has seen his salary rise 1567 percent from his $900,000 salary in 2007.
In reaching the multi-year agreement, Howard and the Phillies avoid going to salary arbitration hearings in the future. Howard is eligible for free agency after the 2011 season.
Howard's 2008 Stats
With Howard reaching a multi-year agreement, the Phillies complete contracts for the largest group of salary arbitration eligible players in this year’s class. The Phillies had a total of 10 players, of which Cole Hamels 3-year, $20.5 million deal is the second highest behind Howard’s agreement reached today.
Below is a breakdown of all the contracts reached by the Phillies in salary arbitration.
Phillies Players in Arbitration
|Joe Blanton ||4.016 ||OF || 1/$5.475M|
|Greg Dobbs ||3.035 ||OF || 2/$2.5M|
|Chad Durbin ||4.102 ||RP || 1/$1.635M|
|Cole Hamels ||2.143 ||SP || 3/$20.5M|
|Ryan Howard ||3.145 ||1B || 3/$54M|
|Ryan Madson ||5.027 ||RP || 3/$2M|
|Shane Victorino ||3.092 ||OF || 1/$3.125M|
|Jayson Werth ||5.102 ||OF || 2/$10M|
In other salary arbitration news...
The Kansas City Royals and outfielder Mark Teahan reached a 1-year, $3.575 million deal, thus avoiding salary arbitration. Teahan had been seeking $3.8 million while the Royals were offering $3.05 million. Teahan's 2009 salary will be $125,000 above the mid-point of $3.45 million between the two figures. In reaching a $3.575 million agreement, Teahan will see a 53 percent raise from his 2008 salary of $2,337,500.
The Washington Nationals and starting pitcher Scott Olsen reached a 1-year, $2.8 million deal, thus avoiding salary arbitration. Olsen had been seeking $3.5 million while the Nationals were offering $2.5 million. Olsen's 2009 salary will be $200,000 below the mid-point of $3 million between the two figures. In reaching a $2.5 million agreement, Olsen will see a 591 percent raise from his 2008 salary of $405,000.
FOR MORE SIGNING DETAILS SEE:
Salary Arbitration Filings Tracker
Salary Arbitration Figures Tracker
Free Agent Tracker
Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is contributor to Baseball Prospectus, and is available as a freelance writer. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.
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