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Phillies re-sign Jimmy Rollins to three-year, $33 million deal with vesting option

Philadelphia Phillies v St Louis Cardinals - Game 3

ST LOUIS, MO - OCTOBER 04: Jimmy Rollins #11 of the Philadelphia Phillies warms up prior to an at-bat against the St. Louis Cardinals during Game Three of the National League Division Series at Busch Stadium on October 4, 2011 in St Louis, Missouri. (Photo by Jamie Squire/Getty Images)

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UPDATE: Tim Brown of Yahoo! Sports confirms that it’s a three-year, $33 million deal with an $11 million vesting option for 2015.

1:52 PM: Jim Salisbury of CSNPhilly.com hears that the two sides agreed to a three-year deal worth about $33 million with a vesting option for a fourth year.

1:39 PM: Jerry Crasnick of ESPN.com reports that the Phillies and Jimmy Rollins have agreed to a three-year contract with a vesting option for a fourth year. Exact terms aren’t yet available, but word from Ken Rosenthal of FOXSports.com is that the option is easily attainable.

Rollins was aiming for a five-year deal this winter, which seemed unrealistic in the first place, but he lost nearly all of his leverage after Alex Gonzalez signed with the Brewers and Rafael Furcal returned to the Cardinals. There were some rumors this earlier week that Rollins’ agent was talking to a mystery team, but most assumed he would return to Philadelphia.

Rollins, who turned 33 in November, batted .268/338/.399 with 16 homers, 63 RBI, 30 stolen bases and a .736 OPS over 631 plate appearances this past season. Assuming he stays healthy, he could have a chance to pass Hall of Famer Mike Schmidt as the team’s all-time leader in hits.