Chase Utley and Phillies Reportedly Agree on 2-Year Contract Extension

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Chase Utley and Phillies Reportedly Agree on 2-Year Contract Extension

The Philadelphia Phillies and veteran second baseman Chase Utley have reportedly agreed on a two-year contract extension.

UPDATE: Thursday, Aug. 8, at 3:45 p.m. ET by Kyle Vassalo

From MLB.com's Todd Zolecki:

From Fox Sports' Ken Rosenthal:

Chase Utley’s new two-year deal with the Philadelphia Phillies is worth $27 million. But if the second baseman stays healthy, he can max out at five years, $75 million, according to major-league sources.

Utley, who turns 35 on Dec. 17, received three vesting options, each worth $15 million, on top of his two guaranteed years, sources said. Each of his options will vest at 500 plate appearances, a figure that Utley has not exceeded since 2009.

---End of Update---

From Fox Sports' Ken Rosenthal:

One of the faces of the franchise, Utley has played his entire career and the past 11 seasons with the Phillies, helping lead the franchise to its second World Series title in 2008. He was set to become a free agent at the end of the season.

The 34-year-old infielder has appeared in 83 games for the Phillies in 2013 and is batting .275 with 15 home runs and 42 RBI. While those are certainly decent numbers, they don't compare to the huge production he put up between 2005 and 2009, when he was truly an offensive force in the Philly lineup.   

Utley has had his fair share of ups and downs in the field this year, though, as he boasts a career-worst .968 fielding percentage with 13 errors on the year.

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Prior to news of extension discussions, there had been some buzz about a possible trade before this summer's trade deadline. The Phils have struggled thus far this season and, at 51-61, are nearly out of the National League playoff race.

The organization's first-round pick in 2000, it's been over a decade since Utley made his major league debut for Philadelphia in April 2003, not long after starring for the UCLA Bruins and Long Beach Poly High before that. 

Since then, Utley has earned five All-Star nods (2006 to 2010), racked up four Silver Slugger Awards (2006 to 2009) and contributed to the Phillies' first championship (2008) since 1980.

With Utley locked in for a couple more years, the Pasadena, Calif. native has a shot to play out his career and retire as a "Phillie for life."

 

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