Jonathan Papelbon has reached an agreement on a contract with the Philadelphia Phillies, according to a report from Jim Salisbury of Comcast SportsNet Philadelphia. Salisbury reports that his sources have told him Papelbon's deal is worth nearly $50 million dollars over four years.
Papelbon, who had a 23-19 record with a career 2.33 ERA, 509 strikeouts and 219 saves in 396 games though seven seasons with Boston, will be very tough to replace. However, the Red Sox will receive help in the form of draft picks, with Papelbon being a Type-A free agent. As a result, the Red Sox will receive two draft picks for Papelbon as long as the current system stays the same according to Pete Abraham of The Boston Globe.
The Red Sox have already been tied to San Diego Padres free agent closer Heath Bell and are reportedly also interested in Phillies free agent closer Ryan Madson, who might just be looking for a new home now.