Thursday, April 5, 2012

Is A Phillips contract extension imminent?


The Reds front office continues to be both aggressive and bold in their approach to the team's future. After inking All-Star first basemen Joey Votto to a massive 10yr/$225MM extension on Wednesday, rumors are swirling that a potential contract extension with Brandon Phillips could be reached by as soon as week's end.

Here's an excerpt regarding the situation from mlbtraderumors.com:

"GM Walt Jocketty said on today's TV broadcast that he's confident the Reds will complete a contract extension with Brandon Phillips within a week, according to John Fay of the Cincinnati Enquirer (on Twitter). The ACES client will be eligible for free agency following the 2012 season if the Reds don't lock him up.

Earlier this week
it seemed unlikely that the Reds would lock Phillips up long-term. Ken Rosenthal of FOX Sports reported last week that the likely asking price for Phillips is a raise from his current $12MM salary on a four or five-year deal. Phillips posted a .300/.353/.457 line with 18 home runs and 38 doubles in 675 plate appearances last year. He won his third Gold Glove in 2011, and deserved it based on advanced assessments of his fielding."

The two sides have reportedly been negotiating a long-term deal since the end of the 2011 season.

Phillips has expressed a genuine desire to stay in Cincinnati, but isn't willing to take a "hometown discount".

“This is my last contract,” Phillips said to MLB.com's Mark Sheldon last September. “There is no homeboy hookup. I just want to be paid what I am worth.”

Phillips, 30, has been with the organization since the beginning of 2006.

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