With MLB's Winter Meetings underway in Orlando, the Phillies didn't waste time making their first major splash of the offseason.

The team and All-Star designated hitter Kyle Schwarber have reportedly agreed on a new five-year, $150 million deal that will keep Schwarber from leaving in free agency for another team and restore the team's best power source to its lineup.

Several reporters covering the team reported that the deal is done. ESPN's Jeff Passan broke the news , reporting that Schwarber's $30 million average yearly salary is the most ever for a designated hitter:

Schwarber clubbed a National League-best and personal-best 56 homers in 2025, to go along with an MLB-best 132 RBIs in all 162 games. He fell two homers shy of tying Ryan Howard's record for most homers in a season by

See Full Page