PHILS LOCKED UP SANCHEZ ON THE CHEAP: ONLY $22.5M GUARANTEED!

By Peter Marks

The Athletic’s Matt Gelb reports that his contract extension will guarantee Cristopher Sanchez $22.5 million.

The club option year for 2029 is valued at $14 million, while the 2030 club option is worth $15 million.

Gelb adds that the price of both options will rise if Sanchez manages to finish in the top 10 of NL Cy Young award voting.

Sanchez is already under team control through the 2028 season, so the deal will give the Phils some cost certainty over those upcoming four years and beyond. Heyman indicates there are multiple club option years, so the Phillies can now control at least two of Sanchez’s free agent seasons. The 27-year-old Sanchez is represented by agent Gene Mato.

The signing continues Philadelphia’s penchant for locking up arms, as all of the extensions signed during Dave Dombrowski’s tenure as president of baseball operations have come on the pitching end. These deals range from shorter-term deals to avoid arbitration to the much pricier three-year, $126 million extension Zack Wheeler signed last March, and Sanchez’s deal should fall somewhere in between.

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