Phillies ink Alvarado to 3-year extension with club option for 2026

The Philadelphia Phillies and left-handed reliever Jose Alvarado agreed to a three-year contract extension with a team option for the 2026 campaign, the club announced Friday.

Alvarado was scheduled to reach free agency after the 2023 season but agreed to a one-year, $3.45-million contract with the Phillies last week to avoid arbitration.

Philadelphia acquired Alvarado from the Tampa Bay Rays in a three-team trade in December 2020. He owns an 11-3 record with a 3.71 ERA and 149 strikeouts across 106 2/3 innings pitched over two seasons with the Phillies.

The 27-year-old emerged as one of manager Rob Thomson's most trusted relievers in 2022. He racked up a career-high 81 strikeouts in 51 innings with a 3.18 ERA over 59 appearances last season.

Alvarado's extension marks the second in as many days for a Phillies reliever. The club also inked right-hander Seranthony Dominguez to a two-year deal with a club option for 2025 on Thursday.