Jul 18, 2025; Philadelphia, Pennsylvania, USA; Philadelphia Phillies outfielder Kyle Schwarber (12) this a home run against the Los Angeles Angels during the first inning at Citizens Bank Park. Mandatory Credit: Bill Streicher-Imagn Images

Jul 18, 2025; Philadelphia, Pennsylvania, USA; Philadelphia Phillies outfielder Kyle Schwarber (12) this a home run against the Los Angeles Angels during the first inning at Citizens Bank Park. Mandatory Credit: Bill Streicher-Imagn Images

Bill Streicher

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, 2030

Plus:  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 notesSchwarber’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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