The Phillies must have read my post earlier today about the value of pitchers with good strikeout to walk ratios, because they just announced a contract extension with Brad Lidge [link: Phillies, Lidge agree to extension | Phillies.com: News]:
Brad Lidge will be saving games in Philadelphia through at least the 2011 season, after the pitcher agreed to a three-year, $37.5 million contract extension.
The deal includes a 2012 club option and performance incentives.
The deal seems like a lot of money, but it's roughly the going rate for elite closers and can you name one that has been better this year than Lidge?
