11:40am: SI.com’s Jon Heyman has the details – Werth gets a two-year, $10MM deal. He’ll get $3MM in ’09 and $7MM in ’10, which would’ve been his first free agent year.
10:09am: According to CSN Philly, the Phillies avoided arbitration with outfielder Jayson Werth by signing him to a multiyear deal. Werth was set to reach free agency after the season. Scout.com’s Chuck Hixson has a source saying it’s a two-year deal worth around $9MM, while Scott Lauber heard $8MM.