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The Philadelphia Phillies and left-hander Cristopher Sánchez reached an agreement on Saturday for a $22.5 million, four-year contract that will cover 2025-28. Sánchez will receive a $2 million signing bonus and wages of $1.5 million in 2025, $3 million in 2026, $6 million in 2027, and $9 million in 2028. Philadelphia has two options: $14 million for 2029 with a $1 million buyout and $15 million for 2030 with a $1 million buyout. The options can climb to $16 million for 2029 and $19 million for 2030 based on top-ten results in Cy Young Award voting.
Sánchez, 27, inked a one-year contract for 2024 worth $753,500 in the majors and $280,432 in the minors. “I’m so happy to be here,” Sanchez remarked through a translator. “I feel so great about this contract and what the future is going to be about.”
He would have been eligible for arbitration following the 2025 season. The options could cover his first two seasons after becoming eligible for free agency. “We are always interested in bringing good players into your organization and keeping them, but we don’t usually negotiate during the season because it can be a distraction for the player,” Phillies president of baseball operations Dave Dombrowski said. “But when we discussed it, we were open to it, but it needed to happen quickly. … It was quite quick – roughly a week of conversing with the London trip in the middle.
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