The Phillies and left-hander Cristopher Sanchez are in the final stages of completing a four-year contract extension, the New York Post’s Jon Heyman reports (X link). Sanchez is already under team control through the 2028 season, so the deal will give the Phils some cost certainty over those upcoming four years while also possibly extending their control via club options. Heyman indicates there are multiple option years, so the Phillies can now control at least two of Sanchez’s free agent seasons. The 27-year-old Sanchez is represented by agent Gene Mato.
The signing continues Philadelphia’s penchant for locking up arms, as all of the extensions signed during Dave Dombrowski’s tenure as president of baseball operations have come on the pitching end. These deals range from shorter-term deals to avoid arbitration to the much pricier three-year, $126MM extension Zack Wheeler signed last March, and Sanchez’s deal should fall somewhere in between.
Considering Sanchez’s relatively advanced age (he turns 28 in December) and the fact that he isn’t even eligible for arbitration until the 2025-26 offseason, an extension is an aggressive move on the part of Dombrowski’s front office. While the southpaw was lining himself up well for some nice salaries in his arb years, having a relatively inexpensive arm in the rotation could have helped balance out the much larger luxury tax hits of pricier players like Wheeler, Bryce Harper, Trea Turner, and Aaron Nola, all of whom are signed through at least the 2027 season. Nick Castellanos and Taijuan Walker also on the books through 2026, J.T. Realmuto and Kyle Schwarber through 2025, and the likes of Ranger Suarez, Alec Bohm, and Bryson Stott have also played well enough to merit consideration for long-term commitments.
The Phillies surpassed the luxury tax threshold in each of the last two seasons and are set to do again in 2024, as the team has shown it is more than willing to spend big in pursuit of a championship. Against this backdrop, it isn’t surprising that the Phils are again opening the checkbook to retain a player they like, and who they feel might end up being something of a bargain over the course of the extension, considering how Sanchez has emerged as a starter in 2023-24.
An international signing for the Rays out of the Dominican Republic in 2013, Sanchez was dealt to Philadelphia in November 2019 in a one-for-one trade for Curtis Mead. An under-the-radar move at the time, it has become a pretty intriguing deal in hindsight given how Sanchez has developed as a capable MLB starter, and how Mead went on to become a top-100 prospect in Tampa’s farm system (and a big leaguer himself, albeit in only 50 games to date).
Sanchez showed some flashes of his future ability as a starter and a reliever during his time in the Rays’ farm system, and the Phillies used him mostly as a starter during his time in the minors. He made his MLB debut in 2021 and still worked as a reliever in all but four of his big league outings (52 2/3 innings over 23 appearances) in 2021-22, but some injuries opened the door for Sanchez to eventually step into the Philadelphia rotation himself last season. The result was a 3.44 ERA over 99 1/3 innings, supported by a 24.2% strikeout rate, a four percent walk rate, and a 57% grounder rate.
More to come…