TUESDAY: The Phillies' three-year, $31.5MM deal with Ibanez is official.
FRIDAY, 12:45pm: Geoff Baker offers commentary on the signing. He says the Cubs cooled on Ibanez over defensive concerns while the Angels remained in a Mark Teixeira holding pattern.
7:56am: Ken Rosenthal is reporting that the Phillies have signed Raul Ibanez to a three-year deal. Rosenthal says the contract is worth $30MM. The deal is pending a physical.
As a type A free agent, the Mariners will receive the Phillies' first round pick next year (#28) and a supplemental pick between the first and second round. With Ibanez now the everyday left fielder, Jayson Stark says the Phillies will cut ties with Pat Burrell.
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