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Breaking News: Phillies Sign Ryan Madson To 3Y/$12M Deal

Jim Salisbury reports the Phillies have signed reliever Ryan Madson to a three-year, $12 million deal with incentives.

More to come.

Thoughts: Slowly but surely, the Phillies are knocking down bricks in the wall of arbitration. Madson, 28, will now pitch in Philadelphia through his prime years, just as Cole Hamels, 25, will continue establishing himself as one of baseball’s top left-handers, just as Greg Dobbs, 30, will finish his prime as the game’s top pinch hitter. You see where this is going: The Phillies are assuring an open window for more world titles until at least 2011, barring any unforseen problems.

Madson gets a deal similiar to JC Romero, who scored a 3Y/$12M deal coming off of one strong second half. Madson also had a strong second half (and postseason), but has also established himself in six seasons as a consistent relief piece. His two poorest years came via injury and a mishandled stint in the rotation; otherwise, he’s been the team’s top relief arm, a solid rock in an ever-changing collection. His deal is deserved.

Madson was also gambling with half a stack. If he declined offers and waited out arbitration, he would’ve subject himself to a thoroughly stressful 2009, one that would make or break his future. Instead, he’s set for life and doesn’t have to leave the organization that drafted him, almost assuring he’ll be pitching in high-profile situations until 2012 (outside of the Red Sox and Yankees, this is the most surefire playoff situation annually).

Most of all, the Phillies are attempting to establishing the makings of (and I say this word incredibly lossely) a dynasty. They’ve locked up their prime setup man, who may have a nine-year Phillie career under his belt. That’s pretty impressive.

40 Comments

40 Comments

  1. T Marty

    January 19, 2009 at 12:15 pm

    Wha?? i thought he just turned that same deal down the other day???

  2. Geoff

    January 19, 2009 at 12:16 pm

    Wow! That caught me by surprise. A YOUNG Scott Boras client signing an extension that buys out TWO FA years? thats almost unheard of. Nice job Ruben.

  3. Richie

    January 19, 2009 at 12:16 pm

    This is huge, I can’t say enough about AMaro this weekend, I never thought I would mutter those words.

  4. Manny

    January 19, 2009 at 12:17 pm

    Awesome. Extraordinary. Exceptional. Fantastic.

  5. Tim Malcolm

    January 19, 2009 at 12:18 pm

    Note: This is the same deal as Romero’s. Madson is a setup man, and it’s been defined with this deal.

  6. Don M

    January 19, 2009 at 12:20 pm

    I wonder what incentives they added to make him sign the same deal he passed on the other day???

  7. From Section 113

    January 19, 2009 at 12:25 pm

    Confusing. Really would like to see what the contract break down is like.

  8. Amanda

    January 19, 2009 at 12:26 pm

    Isnt this the same deal he just turned down? Good move.

  9. Chuck P

    January 19, 2009 at 12:26 pm

    Wow… a pleasant surprise! Did we hardball Bor-ass?

  10. Geoff

    January 19, 2009 at 12:35 pm

    One main factor here is probably the scare factor. Mdson, and maybe Vic, Werth and guys like Youkilis saw that the free agent contracts went south a bit this year and could just opt for the financial security of a guarnateed multiyear deal even if its below market value..

  11. From Section 113

    January 19, 2009 at 12:49 pm

    Could the Phills possibly be trying to see if they have enough room for oh I dunno……BEN SHEETS?!?!?!?!?!

    nah probably not…oh well.

  12. Tyler

    January 19, 2009 at 1:01 pm

    would love to see him but not for a ton of money

  13. Justin

    January 19, 2009 at 1:10 pm

    MLB Trade Rumors says the Phils are interested…his value just keeps depreciating as the days go by. i gotta think the phils can get him on a low base with incentives. or he’ll go back to the brewers.

  14. Griffin

    January 19, 2009 at 1:14 pm

    Nice deal for the Phillies. Amaro’s beat deal yet.

  15. Manny

    January 19, 2009 at 1:16 pm

    I’m just guessing here, but I have the impression that Hamels just set a good example with his own contract…

  16. Don M

    January 19, 2009 at 1:20 pm

    Where do you put Ben Sheets?? You wouldn’t want to sign him for more than 2 or 3 years… if he’s healthy that is great, he could be your #2, you could let Myers walk… but will we want to?

    I can’t see a deal happening that would make sense to both parties, unless Sheets is down with something VERY incentive-laden

  17. Mazinman

    January 19, 2009 at 1:29 pm

    After a relatively quiet off season so far Amaro is certain earning his GM stripes with what has been a stellar arbitration period so far. Everyone has always said that this is a very close team in the clubhouse so I wonder if we are seeing a cascade effect going on. Dobbs signs, then Hamels, then Madson. The more these arbitration players see that their buddies will be around for a bit the more they want to sign?

    In any case, well done Ruben Amaro Jr.

  18. Tyler

    January 19, 2009 at 1:29 pm

    i dont want to let myers walk even if sheets is signed because he suffers too many injuries and that could leave a large gap in the rotation should he get hurt

  19. Geoff

    January 19, 2009 at 1:36 pm

    thats right, but the longer it goes on the more hes likely to sign a shorter deal with incentives…not even some desperate team like the mets has come in with 3 guaranteed years 45 mm or something like that..its just not there for him…so thats when you swoop in there and try to land him in a deal that favors the phillies and allows him two years to prove health…

  20. NJ

    January 19, 2009 at 1:41 pm

    Ben Sheets is in Penny territory, he’s on;y being guaranteed two or three year if someone like Texas gets jumpy like the Braves did with Lowe.

    Amaro is having a very good rookie off-season. Ibanez and Park might be underwhelming moves but Lidge, Hamels, Madson plus a very good deal with Dobbs and come rain or shine at least we can have confidence Jnr is executing a plan rather than hoping lady lucks listening.

  21. Richie Allen

    January 19, 2009 at 2:04 pm

    Dont understand why he flip-flopped on the deal,but Im glad he’s aboard…maybe Boras was about to lose a client,Madson could have favored staying with the Phils.
    I dont know how much more someone else would have offered him next year.
    When you look at his stats ,he had a good rookie season and then the 2nd half of last year.Thats it.

  22. Mike B.

    January 19, 2009 at 2:04 pm

    Wait, WHAT? Wow. Really? I wonder if Madson undercut Boras in the negotiations or if Boras finally realizes that the economy necessitates his needing to be less hard-line if he wants to keep his clients (remember the MacBeth analogy, NJ?). In any case, though, Ruben’s really coming through with locking up both our role-players and our core guys. Well done, Ruben, well done.

    Never thought I’d see the day where the Phillies would be the team that cheers me up after my other sports teams (the Eagles, Pitt) break my confidence. Ruben, would you be the Phillies GM?

  23. Mike B.

    January 19, 2009 at 2:12 pm

    I meant Eagles GM. Ruben, run the Eagles?

  24. Doug

    January 19, 2009 at 2:32 pm

    This is great news. I totally missed this call by thinking that Mad Dog would go to arb this year and to FA next year. I think that the Hamels signing played a role in Mad Dog taking the offer that was purportedly rejected…Regarding the potential for signing Sheets, he would look real good in our rotation. Even if he lands on the DL and is not available for the post-season (like in 2008), we only need 4 starters in the playoffs because of the scheduled off days for travel. Going with Cole, Brett, Jamie and Joe in the playoffs worked pretty well for us in 2008…And to all of those who think we should let Brett walk after this year, let me just say you are all nuts!! Since re-discovering himself in the minors, he came back and dominated. Brett has top-of-the-rotation stuff, and you just don’t let pitchers like that go. He’s been through a lot both on and off the field, and the Phils created a lot of goodwill with Brett by supporting him through his trevails.

  25. Tim Malcolm

    January 19, 2009 at 2:34 pm

    By the way, don’t discount the work of Asst. GM Scott Proefrock here, who is responsible for negotiating salaries.

  26. From Section 113

    January 19, 2009 at 3:32 pm

    With Sheets, I would offer him a large 1 yr deal. All garaunteed money.

    Why not? He’s not getting what he wants because everyone is saying, “You are too much of a risk”. So the Phills will offer him a 1 yr large contract and if he does well we do well, if not, we have the depth not to be hurt by this at all. I think he can only makes us that much better. You can never have too much pitching.

    Plus, if he pitches well and leaves, we get a 1st round pick!!!

  27. Colin_K

    January 19, 2009 at 3:36 pm

    Tim,
    “outside of the Red Sox and Yankees, this is the most surefire playoff situation annually”…

    Isn’t it great that we can say this?

  28. metsblow4show

    January 19, 2009 at 3:44 pm

    I think Ryan Madson should be praised here. Having Scott Boras as his agent, I thought for sure he was going to test the free agent waters after this season and would have been seeking a multi-year contract in the 6-8 million a year range. But I think Ryan put loyalty, winning, friendships, and his love for Philly ahead of the money and that should be commended. He recognizes a special group here and realizes with the core players that are now under contract, that this team can dominate for years to come. Thanks Ryan !

  29. psujoe

    January 19, 2009 at 4:16 pm

    Sweet. A nice little pick me up after another NFC championship loss. Good job Ruben.

  30. christopher

    January 19, 2009 at 4:42 pm

    what’s that i hear? is it the sound of the pedals going backwards of all the nut job fans that turned on madson a few days ago? yep, sure sounds like backpedaling to me!

    another very good signing for the phillies, between madson, cole and dobbs things are now looking pretty positive this offseason. glad to have mad dog here for the long haul!

  31. Michael N.

    January 19, 2009 at 4:45 pm

    You gotta be thinking that his incentives are in the millionsss for him and Scott Boras to accept this deal. But overall great re-signing now comes up Werth and Victorino overall grade for off-season im giving them a B-. The Raul Ibanez deal still hurts way to much money but respecting your Young Pitches with Hamels and signing a soon to be a free agent for a relatively a good deal given scott boras is the agent.

  32. Gavin

    January 19, 2009 at 6:21 pm

    Why havent they gotten Victorino inked to a medium-term deal yet? Glad to hear this though. Lets hope he stays hot. Any odds on RH getting his long term deal before arbitration?

  33. Matt

    January 19, 2009 at 6:53 pm

    Michael N.-yes they may have overspent on Ibanez, but there were a lot of teams interested in him, and he’s still more than capable of having a bigger impact offensively over Burrell. He’ll put up good numbers over the entire season, not just putting together one or two great months and then go ice cold like Burrell did.

    Gavin-Unless Ryan Howard somehow comes down with his $25 million a year demands, he isn’t going to get a long-term deal from the Phillies, or a lot of teams for that matter.

  34. Ben Sheets

    January 19, 2009 at 7:48 pm

    Dear Mr. Amaro,

    I will sign a one year deal for $950,000 plus incentives with the Phillies so that I can prove that I am healthy and durable. Have your people call my people.

    Cheers,

    Ben

  35. Tyler

    January 19, 2009 at 9:06 pm

    ben, dont we all wish it was the real u saying that

  36. Choke utley

    January 19, 2009 at 11:30 pm

    griffin such a lowball offer and he accepted? Haha. Shows how much you know!

  37. Johnson

    January 20, 2009 at 12:17 pm

    does anyone think hamels had anything to do with madsen reconsidering the offer…madsen says no…hamels signs a reasonable contract…then madsen accepts same offer he said no to…

  38. Don M

    January 20, 2009 at 12:36 pm

    No I think that the realized they weren’t going to get the $5-6 + M per year they would be seeking. It’s easy to say that he wants to be, and could be a closer… but with no real experience, they didn’t have any way to guarantee themselves they’d get more money.

    Bobby Jenks just signed for like $5.5 or something… so for Madson to get $4 per year is a hell of a contract for him.. he doesn’t have to walk on eggshells this year, he’s set for the rest of his life.. and he’ll only be 31 or 32 at the end of this deal, so he can still get a nice contract after this too

    Hamels didn’t have any leverage as to which contract he wanted and how much he would get paid… he’s worth more than $5 this season, but he has to wait his turn to get that money, so I really don’t think that played a part in Madson’s deal

  39. matt p

    January 20, 2009 at 1:04 pm

    great job amaro

  40. Chuck P

    January 20, 2009 at 1:41 pm

    For an 8th inning reliever, this is not a steal by any stretch of the imagination… he got paid. I’ll be ok with this if he comes back and does what he did in ’08. As for backpedalling… I don’t think that’s the case. Everyone gave him his due but you have to guard yourself and prepare for things to come. Judging by Bor-ass’ comments, we all expected Madson to test the market and demand Mariano Rivera money. We all knew that he didn’t deserve that kind of coin and were willing to let him go if it came down to it. In hindsight, Boras got Madson the most money that he could get as an 8th inning setup guy (which is what he really is). Good for Madson, good for the Phillies (assuming Madson pitches well for the next 3 years) and good for Bor-ass. Do you think that Romero’s suspension (and the fact that we have an extra million laying around that we don’t have to pay him) factored into this at all?

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