Sources: Phils Reach Deal with Free Agent Papelbon

The Phillies have reached a contract agreement with free-agent closer Jonathan Papelbon, pending a physical, multiple sources tell CSNPhilly.com.


Papelbon, who turns 31 later this month, averaged 36 saves a year for the Boston Red Sox over the last six seasons.

Papelbon will replace Ryan Madson as closer. Madson is a free agent.

According to sources, the agreement is for four years and approaches $50 million. 

(More coming ...)