The Philadelphia Phillies have secured a key piece of their future rotation, agreeing to a five-year contract extension with left-hander Jesus Luzardo, per ESPN's Jeff Passan.
The extension is reportedly worth $135 million, according to NBC Sports Philadelphia's Jim Salisbury. The 28-year-old Luzardo was scheduled to become a free agent following the 2026 season, but the new deal ensures he will remain in Philadelphia long term.
The new deal, which begins in 2027, ensures Luzardo will remain a central part of Philadelphia’s long-term plans. By striking the extension before he reached the open market — and before baseball's seemingly inevitable work stoppage — the Phillies avoid the risk of a high-profile bidding war while securing one of the game’s most dynamic left-handed starters during the prime of his career.