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Phillies and Mike Adams agree to two-year, $12 million contract

Dec 15, 2012, 9:03 AM EDT

Mike Adams AP

UPDATE: FOX Sports’ Ken Rosenthal reports that the Phillies and Mike Adams have agreed to a two-year, $12 million contract, pending a physical. The deal includes a vesting option for 2015.

1:54 AM: Mike Adams won’t get a chance to close after finding himself in free agency for the first time, but he will get closer-type money to set up for Jonathan Papelbon in Philadelphia.

According to Yahoo! Sports’ Tim Brown, the Phillies and Adams are close to a two-year deal with a vesting option for 2015. Citing family sources, KRIS-TV reported earlier that it’d be a three-year, $18 million pact, and while that doesn’t seem quite correct, the dollars are probably about right.

Adams, long one of the game’s best setup men, had a 3.27 ERA in 61 appearances for the Rangers last season. He allowed just one homer all year until his last appearance, when he gave up three, and then he was shut down the next day because of thoracic outlet syndrome. The condition required surgery, but he’s expected to be ready for spring training.

Having Adams available to work the eighth will take some pressure off young Phillies relievers such as Phillippe Aumont, Justin De Fratus and Jake Diekman. With Adams likely making $6 million per year and Papelbon earning $12.5 million, the Phillies will have one of the game’s most expensive bullpens. Fortunately, they’ll make up for it by having one of the cheapest outfields after trading Hunter Pence and Shane Victorino last summer and acquiring Ben Revere to take over in center.

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