Cincinnati signs Brandon Phillips to six-year, $72.5 million deal
The Reds made another significant financial commitment on Tuesday, giving All-Star second baseman Brandon Phillips a six-year, $72.5 million contract. The Reds couldn't agree on the length of a new deal with Phillips, so they exercised the 2012 option on his old contract that is worth $12.5 million. The new deal adds salaries of $10 million for next year, $11 million in 2014, $12 million in 2015, $13 million in 2016 and $14 million in 2017.
Source:The Associated Press via The Seattle Times