After months of speculation and growing anticipation, Kyle Schwarber and the Philadelphia Phillies have officially agreed to terms on a 7-year, $100 million contract extension, solidifying the veteran slugger’s future in the City of Brotherly Love.
The deal — first reported by ESPN’s Jeff Passan — marks a major commitment by the Phillies to retain one of their most productive and respected clubhouse leaders. Schwarber, 32, had been entering the final season of his previous four-year, $79 million deal and was set to earn $20 million in 2025. Now, he’s locked in through the 2031 season.
According to Passan, Schwarber’s consistent power production, leadership presence, and value as a designated hitter made a nine-figure deal “eminently reasonable.”
“A designated hitter who’s going to be 33 next Opening Day getting a nine-figure deal? Schwarber is an outlier in so many other respects, so why not here too?” Passan wrote. “He is terminally productive. He is an exceptional clubhouse leader.”
The Phillies evidently agreed — rewarding Schwarber with an average annual value of roughly $14.3 million, a team-friendly figure that allows flexibility while securing one of their most trusted veterans.
Schwarber Always Wanted to Stay
In February, Schwarber made his intentions clear: he wanted to remain in Philadelphia.
“We’ll see,” Schwarber told MLB.com during spring training. “I know there is interest on our side. We’ll see what happens throughout this camp, if they approach us and get deeper and deeper into discussion.”
Those talks eventually led to this new deal — a win for both sides. Schwarber, a two-time All-Star and postseason standout, has become a fan favorite since joining the team in 2022. His clutch home runs, fiery personality, and leadership have helped shape the team’s identity through multiple playoff runs.
He echoed the sentiment of former teammate Jon Lester when asked about his approach to contracts:
“The best way to get paid is to win — so I will just focus on that. It’s what I have always focused on.”
The extension is also a clear signal that the Phillies are intent on keeping their veteran core intact. After falling to the New York Mets in the 2024 NLDS, Schwarber expressed confidence in the team’s ability to go further in 2025.
“We’ve had about the same core of players for the last, going on Year 3, Year 4, so we know what we have,” Schwarber said. “Everyone knows the lineup, the pitchers’ names, the bullpen guys. It’s just going to come down to us.”
The Phillies have made several strategic offseason moves, and retaining Schwarber helps maintain both offensive stability and clubhouse continuity.
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