Phillies Today Latest News 2022: Phillies Sign Slugger Nick Castellanos, Bolster Lineup, Blow Past Luxury Tax

The Phillies continued their mid-March spending spree when they agreed on a five-year, $100 million contract with free-agent slugger Nick Castellanos late Friday night, multiple sources confirmed

The deal caps a week in which the Phillies previously signed relievers Jeurys Familia and Brad Hand to one-year deals that totaled $12 million and slugger Kyle Schwarber for four years and $79 million

The Phils also brought back Odubel Herrera for one year and $1.75 million. Back in November, the team signed closer Corey Knebel to a one-year, $10 million contract

In total, the Phils have spent over $202 million on free agents this offseason

The team’s payroll for 2022 now projects to be in the neighborhood of $240 million, over the new competitive balance tax threshold of $230 million, which is officially calculated at the end of the season

The Phils have never gone over the tax, but owner John Middleton has consistently said the club would do so for the right opportunity

The 30-year-old outfielder hit .309 with 34 homers, 100 RBIs and a .939 OPS in 138 games for Cincinnati last year

Castellanos is the fourth player on the Phillies roster with a contract worth at least $100 million. Bryce Harper ($330 million), Zack Wheeler ($118 million) and J.T. Realmuto ($115 million) are the others

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