Phillies Sign Raul Ibanez

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.

Cork Gaines writes for and can be reached here.

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