The Philadelphia Phillies have agreed to a three-year, $45 million deal with catcher J.T. Realmuto, pending a physical, after missing out on free-agent infielder Bo Bichette. The contract includes incentives that could add $5 million per year, bringing the total value to $60 million. This move provides stability behind the plate for the Phillies' pitching staff entering the 2026 season.
The Philadelphia Phillies finalized a reunion with veteran catcher J.T. Realmuto on Friday, reaching agreement on a three-year contract worth $45 million, according to multiple sources including MLB.com's Mark Feinsand and The Athletic. The deal, which awaits a physical exam and official team confirmation, offers Realmuto up to $5 million annually in incentives. Realmuto, who turns 35 in March, had been the top available catcher in free agency despite a down offensive year in 2025, where he hit .257/.315/.384 with 12 home runs and a 91 OPS+ over 134 games.
This signing came hours after the Phillies lost out on Bo Bichette, who agreed to a three-year, $126 million pact with the New York Mets. Philadelphia had ramped up interest in Bichette amid a stalemate with Realmuto, even offering the infielder a seven-year, $200 million deal, though some within the organization believed an agreement was in place before the Mets swooped in with a shorter-term offer. The resolution allowed the Phillies to retain Realmuto, avoiding reliance on backups Rafael Marchán and Garrett Stubbs or limited external options at catcher.
Realmuto joined the Phillies via trade from the Miami Marlins before the 2019 season and re-signed on a five-year, $115.5 million extension after 2021. He remains a defensive standout, leading MLB with 1,151 1/3 innings caught in 2025 and 6,699 2/3 since 2019—1,183 1/3 more than any other catcher. His skills in deterring base stealers, with elite pop times and a strong arm, along with his ability to guide pitchers through games using excellent recall, make him invaluable to Philadelphia's rotation featuring Zack Wheeler, Aaron Nola, and Jesús Luzardo.
The Phillies, who won 96 games and the NL East in 2025 but lost in the Division Series to the Dodgers, have now re-signed two of their top free agents this offseason, including Kyle Schwarber to a five-year, $150 million deal. They lost starter Ranger Suárez to the Boston Red Sox on a five-year, $130 million contract, while outfielder Adolis García joins on a one-year, $10 million pact. The infield is expected to stay intact with Bryce Harper, Bryson Stott, Trea Turner, and Alec Bohm, though changes loom in the outfield, including a likely departure for Nick Castellanos.