The Phillies are "closing in" on a four-year deal with closer Ryan Madson, Jim Duquette of the MLB Network tweets, although a source tells CBSSports.com Scott Miller that "nothing is done," with Madson. Yahoo's Tim Brown tweets that the sides are talking about a deal worth $44 million and a fifth year option worth $13 million, but does note that it is not yet a "done deal" -- just close.
Duquette also adds that the deal could include a vesting option for a fifth year, as well.
Madson, 31, recorded 32 saves for the Phillies in 2011, his first season as the full-time closer. He has 52 career saves, but only one (2009) with as many as 10 saves. Madson was 4-2 with a 2.37 ERA in 2011, recording 62 strikeouts in 60 2/3 innings with a 1.154 WHIP.
Madson was coming off a three-year deal worth $12 million.
Phillies general manager Ruben Amaro had said he didn't want to hand over his closing duties to an unproven closer. The team was also rumored to be interested in former Boston closer Jonathan Papelbon, but that may have just been a bargaining ploy by the Phillies in attempting to keep Madson.