AP source: Madson, Phils strike $12M, 3-year deal

Updated: January 19, 2009, 8:57 PM ET
Associated Press

PHILADELPHIA -- Reliever Ryan Madson and the Philadelphia Phillies avoided arbitration by reaching a preliminary agreement on a $12 million, three-year contract, a person familiar with the negotiations said Monday.

The person spoke to The Associated Press on the condition of anonymity because an official announcement hadn't been made.

Madson was 4-2 with a 3.05 ERA in 76 games in 2008. The right-hander played a key role in a strong bullpen, helping the Phillies win their first World ...

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