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Phillies sign Miguel Alfredo Gonzalez to a six-year contract worth more than $50 million

Jul 26, 2013, 10:31 PM EST

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Jeff Passan of Yahoo! Sports reports that the Phillies have signed Miguel Alfredo Gonzalez, the highly-touted 26-year-old right-hander from Cuba, to a six-year contract worth more than $50 million.

Gonzalez drew interest from almost every major league team after being cleared for employment on July 15 by the United States government. The bidding came down to the Red Sox and Phillies in the end, according to Passan’s sources, and the Philly front office simply made the highest offer.

It’s a seemingly desperate move for a club that probably needs to be rebuilding and not handing out big contracts to unproven mid-20s free agents, but the Phillies generate a ton of cash and will be signing a massive new television contract soon so maybe it’s not all that risky. If Gonzalez pans out, the Phillies will have another starting pitcher to build around. If he’s no good, the move won’t crush the organization.

The scouting report for Gonzalez, via Passan:

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