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Philadelphia Phillies sign free agent slugger Kyle Schwarber to long-term contract
Photo credit: Jayne Kamin-Oncea-Imagn Images
The Philadelphia Phillies have signed free agent slugger Kyle Schwarber to a five-year $150 million contract.
According to Jeff Passan of ESPN, the Phillies and Schwarber are finalizing the five-year deal.
BREAKING: Slugger Kyle Schwarber and the Philadelphia Phillies are finalizing a five-year, $150 million contract, sources tell ESPN. The NL MVP runner-up, one of the best home run hitters and clubhouse leaders in baseball, is returning to Philadelphia.
It's a straightforward $30MM per year, according to Bob Nightengale of USA Today.
Kyle Schwarber's contract is straight forward earning $30 million a year for 5 years.
Schwarber has been very consistent over the past four seasons
Over the past four years, Schwarber has never finished with fewer than 38 long balls.
He's reached 46 in three of those four. In 2025, he set a new personal best with 56. He has also erased his previous platoon issues.
In 2024, he slashed .300/.407/.490 for a 152 wRC+ against lefties, compared to a .218/.342/.482 line and 124 wRC+ otherwise. In 2025, those lines were .252/.366/.598 and .232/.364/.541 for respective wRC+ numbers of 162 and 146.
On top of the statistics, Schwarber has received praise for his leadership and clubhouse presence during his time with the Phillies.
They clearly wanted to bring him back but plenty of other teams were interested as well. The Mets, Pirates, Reds, Red Sox, Orioles and Giants were all connected to him in recent weeks.
The Pirates even reportedly made an offer of four-years and $120MM, a very bold gesture for a club that has never signed a free agent for more than $39MM.
But amid all that interest from other clubs, it always seemed like the safe bet would be Schwarber returning to Philadelphia.
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