The Philadelphia Phillies are all about extending their starting pitchers, and they’ve done it again with lefty Jesus Luzardo.
The 28-year-old lefty, who was set to hit free agency after this season, gets a very healthy payday to stick around instead:
Jesús Luzardo’s five-year extension is for $135 million, sources tell ESPN. The deal, negotiated by Roger Tomas and Brodie Van Wagenen of Roc Nation, puts Luzardo among the highest-paid left-handed pitchers in baseball and solidifies the Phillies’ rotation going forward.
— Jeff Passan (@JeffPassan) March 9, 2026The Phillies traded for Luzardo before the 2025 season after the Cubs’ talks with the Marlins broke down (reportedly over questions about Luzardo’s medicals), and he went on to put together arguably his best full season in the big leagues. The former top prospect has had a long road to success thanks to significant injury issues, and it is for that reason that there’s plenty or risk attached to this deal. Were he typically healthy and putting together 5+ WAR seasons like last year, then there’s no way he’s taking $135 million right now to forgo free agency ahead of his age-29(!) season. It’s probably the right move for him to take this deal.
As for the Phillies, it’s another nine-figure contract on the books – they’ve already got $135 million committed in 2030 to just five players – and another show of their conviction in the value of continuing to keep the pedal down.
Here’s hoping the Cubs are so happy with their own Marlins trade by the end of the year that they sign Edward Cabrera to an extension, eh?
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