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Philadelphia Phillies to Sign Jonathan Papelbon

Jonathan Papelbon (Jim Rogash of Getty Images)

The Red Sox have officially said goodbye to their All-Star closer this offseason. The Philadelphia Phillies have reportedly reached a deal with Jonathan Papelbon for 4 years/$50 million, pending a physical.

Papelbon put together another stellar season in 2011 with a 2.94 ERA in 64.1 IP with 31 saves and a 12.20 K/9. The Phillies reached the deal with Papelbon after talks with their closer from last season, Ryan Madson, fell through. As a result of this deal, Boston will receive Philadelphia’s first round draft pick in 2012.

With this news, Boston will need to either sign another anchor for their bullpen next season, or prepare to hand the job over to Daniel Bard in 2012.

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