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Phillies, closer Jonathan Papelbon agree

Updated: November 14, 2011, 9:51 PM ET
ESPN.com news services

PHILADELPHIA -- Welcome to the Phillies, Cinco Ocho.

Jonathan Papelbon and his alter ego finalized a $50 million, four-year contract with Philadelphia on Monday. The former Boston Red Sox closer had agreed to terms with the Phillies on Friday.

The contract is the largest ever for a reliever, and it actually totals $50,000,058. The deal includes a vesting option for 2016 that could become guaranteed based on games finished and would make it worth $63 million over five seasons.

The ...

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