MLB's New Worst Contract: Ryan Howard Signs $125 Million, 5-Year Extension With Phillies

Ryan Howard, Jayson Werth, And Paying For Flash Over Value

Phillies Decide Paying A 36-Year Old $25 Million Is Smart

That comparison, from Will Carroll, may perfectly sum-up what the Phillies did on Monday, when they extended Ryan Howard to a five-year, $125 million contract (with a team option for a sixth year).

Ryan Howard Signs $125m, Five-Year Extension With Phillies

The Phillies have signed Ryan Howard to a five-year extension that will keep him in Philadelphia through 2016.