Full details of Kyle Schwarber’s contract revealed
Jon Heyman of The New York Post obtained the full details of Kyle Schwarber’s five-year/$150 million contract with the Phillies. Let’s take a look at the specifics.
Kyle Schwarber
Phillies$150M/5
Signing Bonus – $15M ($7.5M-3/15/26; $7.5M-10/25/26)
$15M – 2026
$30M – 2027, 2028, 2029, 2030Plus: Awards bonuses, including $59K Edgar Martinez DH
May purchase suite or premium tickets, home games
Player donates $150K/yr to Club Charity
— Jon Heyman (@JonHeyman) December 11, 2025
Annual Salaries
2026: $15 million
2027: $30 million
2028: $30 million
2029: $30 million
2030: $30 million
- When Heyman posted this tweet, much was made of Schwarber’s salary only being $15 million in 2026. Only the Phillies know what they have planned, but it’s worth remembering a couple things. First of all, the luxury tax only considers the average annual value of a contract. So even though Schwarber’s base salary is “only” $15 million in 2026, he’ll still count $30 million towards the luxury tax threshold in 2026. Additionally, the $15 million that Schwarber isn’t being paid as part of his annual salary is being made up in a signing bonus. $7.5 million of it will be paid on March 15, 2026, with the other $7.5 being paid on Oct. 25, 2026. It’s not as though these payments have been deferred years into the future.
Other notes
- Schwarber’s deal hasn’t been reported to include a no-trade clause, but he doesn’t really need one. He’ll gain 10-and-5 rights after the 2026 season, meaning he’ll have been in the league for at least a decade with at least five consecutive campaigns for his current club. 10-and-5 rights give you a full no-trade clause. In theory, the Phillies could trade Schwarber during the 2026 season without him being able to block it. In reality, there’s no chance of that actually taking place.
- If Schwarber wins the Edgar Martinez Outstanding Designated Hitter Award, he’ll be paid a $59,000 bonus. The only problem for him is that Shohei Ohtani has won the award five seasons in a row, and isn’t going anywhere.
- Schwarber’s deal includes him donating $150,000 a season to Phillies Charities, Inc.
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