Report: Phillies and Second Baseman Chase Utley Nearing Contract Extension
According to a report found on SB Nation, the Philadelphia Phillies, appear to be in the process of locking up one of their most tenured players.
Per Rosenthal, the deal will be worth between $25 and $30 million in guaranteed money and would keep Utley with the Phillies through at least 2015. Rosenthal reports that the contract includes “multiple vesting options.” The 35-year-old veteran is in the final year of a seven-year, $85 million contract.
Utley’s name was in trade rumors as the trade deadline approached a few weeks ago, but the Phillies decided to hold on to the second baseman, who has spent his entire career with the organization after making his debut in 2003.
The Phillies second baseman is hitting .275/.336/.505 with 15 home runs this season.