Ryan Howard and the Phillies came to terms on a three year, $54 million contract today. The three years will cover Howard's arbitration eligible time in Philadelphia, and now he can focus on baseball and not worry about another arbitration hearing.
The $54 million averages $18 million each season, which is exactly what Howard was looking for in 2009. It is a solid deal for both sides, as Howard doesn't have to worry about how much money he will be making and has financial security, and the Phillies don't have to worry about his pay increasing over the next three years.
Enjoy these three years while you can, because this is likely the last contract Howard will ever sign with the Phillies. In 2011, he will receive some monster offers, and he will follow the money. Good to have him locked up for the next three years though, with his salary not being an issue.