Phillies Sign Madson To Three-Year Extension

TUESDAY: The Madson extension is official, says Scott Lauber.

MONDAY: According to Jim Salisbury of the Philadelphia Inquirer, the Phillies signed reliever Ryan Madson to a three-year extension worth $12MM plus incentives.  The deal buys out his final arb year and two free agent years.  It was previously thought that Madson, a Scott Boras client, might test the free agent market after the '09 season. 

Madson, 28, posted a 3.05 ERA in 82.6 innings of relief this year.

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