Nov 8, 2011, 1:16 PM EST
According to Heyman they’re “in serious discussions” and it’s “hard to imagine it not getting done soon.”
One benefit to re-signing Madson rather than replacing him with another free agent closer is that the Phillies wouldn’t have to surrender a first-round pick. The other benefit, of course, is that Madson is really, really good even if took the Phillies five years to realize he could handle ninth-inning duties.
Philadelphia has also been linked to Jonathan Papelbon, but it seems clear that he’s merely the fallback option to retaining Madson, who saved 32 games with a 2.37 ERA and 62/16 K/BB ratio in 61 innings this season at age 30.