July 7, 2024

More details emerge about former Phillie Rhys Hoskins’ new Brewers contract

The long-time Phillie’s new contract will see him earn anywhere from $16 to $48 million over the course of the next one to three seasons.

It’s the moment that most Philadelphia Phillies fans saw coming, but still aren’t ready for.

On Jan. 23, the Milwaukee Brewers finalized a deal with first baseman Rhys Hoskins for the next two seasons, totaling $34 million. Now more details of the recently signed contract are available. Per Spotrac, the deal includes two opt-outs, one after the first season for Hoskins and another mutual option for the third season.

Former Philadelphia Phillies first baseman Rhys Hoskins' new contract with the Brewers is favorable to the slugger

Here’s how Hoskins’ contract breaks down, from what we know at this point.

He’ll earn $12 million in 2024. If Hoskins invokes his opt-out option after the season, he’ll receive a $4 million buyout.

Hoskins’ salary will bump up to $18 million in year two, with another $4 million buyout after the season if both parties don’t agree upon the mutual option.

If he sticks around Milwaukee for 2026, he’ll bring in another $18 million and become an unrestricted free agent after the season.

With one of their first major free agent signings in recent memory, the Brewers faithful are already getting amped up.

Former Philadelphia Phillies first baseman Rhys Hoskins' new contract with the Brewers is favorable to the slugger

New contract is favorable to the former Phillies slugger

The contract is structured in favor of the 30-year-old coming off a torn ACL that caused him to miss the 2023 season. Hoskins will have the opportunity to prove himself over the next one or two seasons and earn a longer-term deal, but he’ll also have the security of $34 million in his back pocket if things go south.

Milwaukee’s front office also protected itself in case of lingering problems from his injuries or underperformance by including the mutual option for the third season.

Former Philadelphia Phillies first baseman Rhys Hoskins' new contract with the Brewers is favorable to the slugger

If things go well, the Brewers will have a solid middle-of-the-order bat for the next three seasons at a bargain. If not, the most they would owe would be $34 million over the next two years.

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