Phillies Sign Zack Wheeler To 3 Year, $126 Million Extension: Reports
PHILADELPHIA, PA — The Phillies have signed superstar pitcher Zack Wheeler to a three year, $126 million contract extension, multiple sources confirmed Monday morning, shoring up the front of one of the best rotations in baseball for years to come.
The massive deal, first reported by Matt Gelb with The Athletic and Todd Zolecki with MLB.com, is the largest contract extension by annual value in baseball history. Wheeler will make $42 million per year, making him one of the best paid pitchers of all time.
Wheeler was already signed through the end of this coming season, but was slated to hit free agency next winter. The signing will keep him a Phillie through 2027.
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It’s the second blockbuster resigning or extension of a starting pitcher for the Phillies this offseason, as they had already resigned Aaron Nola to a 7-year deal back in November.
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The Phillies took a flyer on Wheeler prior to the 2020 season on a five year deal. Prior to the signing, questions loomed about Wheeler’s durability given his injury history. He has answered those doubts by becoming one of baseball’s most durable and valuable pitchers over the past four seasons, finishing second in NL Cy Young voting in 2021 and posting a dominant 3.06 ERA.
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