Overview
- Philadelphia announced Sunday that Sánchez’s new contract runs from 2027 to 2032 with a club option for 2033.
- Agent Gene Mato confirmed the total guarantee at $107 million, which includes Sánchez’s $3.5 million salary for 2026.
- Reported structure details include a $6 million signing bonus and late-term salaries around $27–30 million in 2031–32, with the 2033 option featuring incentive escalators.
- The agreement replaces a highly team-friendly 2024 extension with club options in 2029–30, a move club leaders and the agent described as unusual or unprecedented.
- Sánchez, 29, has been named the Opening Day starter after a 2025 season with a 2.50 ERA and 212 strikeouts, and he now joins recently extended Jesús Luzardo in the Phillies’ long-range plans.