Overview
- The Phillies and left-hander Cristopher Sánchez agreed to a six-year extension for 2027–2032 that guarantees $104 million with $20 million paid in deferred installments from 2035 through 2044.
- The contract includes a $6 million signing bonus and salaries that rise from $6 million in 2027 to $27 million in 2031 and 2032, with $10 million taken from each of those final two years and shifted to later payments to ease near-term costs.
- A 2033 team option starts at $10 million but can climb to $32.5 million based on health and Cy Young voting, and the deal adds a $1 million trade bonus and a hotel suite on road trips.
- Sánchez keeps his $3 million salary for this season yet gave up about $16 million that remained on his prior guarantee as the team replaced that pact with longer-term security.
- The extension makes him the fourth Phillies starter locked in long term, joining Jesús Luzardo, Zack Wheeler and Aaron Nola, a concentration of resources that analysts note carries injury risk even as it stabilizes the rotation.