TUESDAY: The Madson extension is official, says Scott Lauber.
MONDAY: According to Jim Salisbury of the Philadelphia Inquirer, the Phillies signed reliever Ryan Madson to a three-year extension worth $12MM plus incentives. The deal buys out his final arb year and two free agent years. It was previously thought that Madson, a Scott Boras client, might test the free agent market after the '09 season.
Madson, 28, posted a 3.05 ERA in 82.6 innings of relief this year.