Chase Utley gets big extension from the Phillies

[Redskins Rick]

http://hardballtalk.nbcsports.com/2013/08/08/chase-utleys-extension-with-phillies-worth-up-to-75-million/

Ouch.

Thats a lot of money to be paying out.

Did they overpay?

[waroriole]

They're not likely to be paying out those vesting options, because he shouldn't get to 500 PA.

Basically, they want him to retire as a Phillie. Nothing wrong with that.

[Redskins Rick]

They're not likely to be paying out those vesting options, because he shouldn't get to 500 PA.

Basically, they want him to retire as a Phillie. Nothing wrong with that.

MLB Trade Rumors had more details, and while the vesting drops, still pretty high:

Utley is guaranteed $15MM in 2014 and $10MM in 2015 and has a $2MM buyout on his first option. His 2015 salary will rise to $15MM if he spends no more than 15 days on the disabled list due to a specific knee condition. Each option is valued at $15MM and is triggered if Utley reaches 500 plate appearances in the previous season.

Should Utley fail to reach 500 plate appearances in any season from 2015-17, the following year's vesting option will become a club option worth between $5MM and $11MM. The specific value of those conditional club options would be based on the number of days he spent on the disabled list the previous season. The deal contains a full no-trade clause, though that is essentially a moot point because he will receive 10-and-5 rights later this month.

[OrangeJerseys]

Hopefully an end to the Utley rumors.

[Redskins Rick]

Hopefully an end to the Utley rumors.

Not sure, anything ends here on OH.

[OrangeJerseys]

Not sure, anything ends here on OH.

Only with the Ban-hammer.