Phillies Sign Lefty Jesús Luzardo to 5-Year, $135M Extension

New deal will keep the pitcher in Philadelphia through 2031 season.

Published on Mar. 9, 2026

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The Philadelphia Phillies have agreed to a five-year, $135 million contract extension with left-handed pitcher Jesús Luzardo, according to a person familiar with the deal. The extension will keep Luzardo with the Phillies through the 2031 season.

Why it matters

Luzardo has emerged as one of the top young pitchers in baseball, making the All-Star team in 2025. Securing him long-term is a major move for the Phillies as they look to build a contending roster around their core of young talent.

The details

The five-year extension will begin in 2027, after Luzardo completes the final year of his current contract. The deal is worth $135 million total, making Luzardo one of the highest-paid left-handed pitchers in the game.

  • The extension was agreed to on March 9, 2026.
  • Luzardo's new contract will begin in the 2027 season and run through 2031.

The players

Jesús Luzardo

A 24-year-old left-handed pitcher who has emerged as one of the top young arms in Major League Baseball, making the All-Star team in 2025.

Philadelphia Phillies

The professional baseball team based in Philadelphia, Pennsylvania that competes in the National League East division of Major League Baseball.

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What they’re saying

“Securing Jesús Luzardo long-term is a huge win for our organization and our fans. He's a true ace and we're thrilled to have him as part of our core for years to come.”

— Dave Dombrowski, President of Baseball Operations, Philadelphia Phillies (washingtonpost.com)

What’s next

The Phillies will formally announce the extension at a press conference on March 11, 2026.

The takeaway

This deal demonstrates the Phillies' commitment to building a sustainable contender, locking up one of the game's brightest young stars to a long-term contract that will keep him in Philadelphia through his prime years.