ESPN’s Jeff Passan reports that Kyle Schwarber has agreed to a five-year, $150 million contract with the Phillies.
Schwarber received plenty of interest on the open market, but he ultimately will return to Philadelphia, where he was the NL MVP runner-up in 2025 after hitting .240/.365/.563 with 56 home runs and an NL-leading 132 RBIs. There was some thought that his being 33 years old and only a designated hitter would hurt his value on the market, but that was clearly not the case, as he’ll get $30 million a season until he’s 38 years old. This is great news for the Phillies, and fantasy managers know what to expect from Schwarber in a Phillies uniform. Passan indicates that his signing could also “accelerate” the free agent market.