Phillies sign 3-year extension with ace Zack Wheeler

The Phillies have reached an agreement with right-hander Zack Wheeler on a three-year extension, ensuring the ace will remain with Philadelphia through the 2027 season. While financial details were not disclosed on Monday, various sources reported that the extension is valued at $126 million, making it the highest-ever deal in terms of average annual value.

At 33 years old, Wheeler is slated to earn $23.5 million in the current season, marking the final year of the five-year contract he inked with the Phillies in December 2019. The extension is set to take effect in 2025. In the previous season, Wheeler posted a record of 13-6 with a 3.61 ERA and 212 strikeouts in 32 starts.

Zack Wheeler and the Philadelphia Phillies are reportedly in agreement on a multi-year extension. pic.twitter.com/jBghuzPCJ1

— MLB Network (@MLBNetwork) March 4, 2024

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Over the course of his career, Wheeler has accumulated an 87-63 record with a 3.45 ERA in 227 starts, spanning stints with the New York Mets (2013-19) and the Phillies. He boasts a career strikeout rate of 9.1 per nine innings. Additionally, Wheeler has a postseason track record, holding a 4-3 record with a 2.42 ERA in 11 appearances, including 10 starts.

Wheeler’s standout performance in 2021 earned him a National League All-Star selection, and he finished as the runner-up in Cy Young Award voting that year.