The Cincinnati Reds have agreed to a six-year, $72.5 million deal with second baseman Brandon Phillips, reports Jim Bowden of ESPN.
Deal now confirmed....Phillips and Reds 6-years $72.5m congrats both Reds and Phillips— JIM BOWDEN (@JimBowdenESPNxm) April 10, 2012
The contract will take effect immediately, superseding the $12 million Phillips was to receive this season, and locks up the second baseman through 2017, his age 36 season.
The deal comes just hours after fellow second baseman Ian Kinsler signed a five-year, $75 million extension with the Texas Rangers.
Phillips sent out a tweet earlier this morning hinting at a possible extension, and details of a contract quickly followed.
In the last eight days, the Reds have guaranteed $297.5 million to two players, Phillips and first baseman Joey Votto, who was extended for 10 years and $225 million last week.
The 30-year-old Phillips has hit .280/.331/.449 and won three Gold Gloves in six seasons with the Reds.