Phillies Free Agency: Jean Segura, Zach Eflin, 10 Others Set to Hit Market

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The Phillies have nearly a dozen players coming off their payroll and reaching free agency, including a few who played key roles in 2022.

While free agents hit the market the day after the World Series ends, they cannot sign with a new team until five days thereafter. This five-day period serves as an exclusive window for teams to re-sign their own free agents. The Mets did so by agreeing to a five-year contract with closer Edwin Diaz.

Options — like the ones on the contracts of Segura and Eflin — must be exercised or declined within those five days. The Phillies will surely pick up the $16 million option on Aaron Nola’s contract for 2023.The Phillies have two other players entering their final year of salary arbitration in Rhys Hoskins and Jose Alvarado. Hoskins made $7.7 million in 2022 and Alvarado made $1.75 million. Both would be due raises.

It will be the first year of arbitration eligibility for Ranger Suarez, Edmundo Sosa and Sam Coonrod. Suarez cannot become a free agent until after the 2026 season.

 

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