The Philadelphia Phillies surprised many by signing Cy Young runner-up Sanchez to a new six-year contract, beginning in 2027, despite having him under team control for the next four years. This unusual move, totaling $107 million guaranteed, extends Sanchez's contract through 2032 with a team option for 2033. The deal, which will give Sanchez an average annual value of just over $17.1 million through 2032, secures an underpaid, hyper-talented player, defying the typical strategy of delaying long-term deals. This investment follows criticism for not upgrading the roster, especially when star players' contracts expire.
They didn't have to secure the Cy Young Award runner-up and give him a raise — he was under their control for the next four years at $47 million — but they did.In an unprecedented move for a major-league team with long-term control of an underpaid, hyper-talented player, the Phillies and Sánchez on Sunday agreed to a new, six-year contract that begins in 2027 and runs through 2032, with a team option for 2033.
Sánchez, 29, will be 35 when the base deal expires. The guaranteed money totals $107 million, according to a source. It’s the latest long-term investment from big-picture ownerIt is a move seldom if ever seen in baseball. Teams usually manage payrolls by minimizing outlay to players under their control and delay more expensive, long-term deals as long as possible. Sanchez’s apparent salaries are not exorbitant, but he is not coming as cheaply as he could have been. He was playing under a four-year contract, $22.5 million that pays him just $3.5 million this season and $16 million over the next two seasons, with club options for 2029 and 2030. He made $2.5 million in salary in 2025, when he finished second in Cy Young voting on the strength of a 13-5 record with a 2.50 ERA and 212 strikeouts in 32 starts, all highs for his three full seasons. WithHe already was a bargain, and with an average annual value from 2027 through 2032 of just over $17.1 million through 2032, he should remain an excellent value for the Phillies for the length of this deal. He led the majors in Wins Above Replacement last season, at 8.0, but his AAV ranks 41st, according to Spotrac. Notably, swingman Taijuan Walker, who will make $18 million this season, is in the final year of his deal. Also, Wheeler, who makes $42 million per season, is expected to retire after 2027, when his contract ends. It’s also worth noting that the Phillies received significant criticism this offseason for not spending lavishly to upgrade a roster that has disappointed in the past three postseasons. They did, however, re-signand extended the contract of left-handed starter Jesús Luzardo. If nothing else, Sánchez is the latest example of the Phillies investing in themselves. Before their game against the Yankees in Tampa, the Phillies released left-handed pitcher Tim Mayza at his request, then re-signed Mayza to a major-league contract. They had released utility man Dylan Moore on Saturday, but 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MLB Phillies Contract Extension Pitching Baseball
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Cristopher Sánchez will start Phillies’ season opener vs. RangersZack Wheeler has started the past two opening days, but he is still working his way back from thoracic outlet decompression surgery, making Sánchez the clear choice.
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Phillies vs. Tigers spring training photosThe Phillies and Tigers play to a 4-4 tie, at BayCare Ballpark in Clearwater, Fla., on Friday, March 20, 2026.
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Orion Kerkering makes his spring debut after last pitching for the Phillies in the NLDSKerkering, who has been slowed by a strained right hamstring since the first week of spring training, faced four batters against the Tigers and gave up two hits and one run.
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Cristopher Sánchez named Phillies' opening day starterCristopher Sanchez has been named the Phillies' Opening Day starter, capping a rise that has made him one of the best left-handers in baseball.
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Rookie right-hander Andrew Painter makes Phillies' opening day roster as No. 5 starterRookie right-hander Andrew Painter makes Phillies' opening day roster as No. 5 starter.
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Why Phillies Aligned Season-Opening Rotation The Way They DidIt won't be the way their rotation is aligned in the playoffs, but opening the season this way makes obvious sense for the Phillies.
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