The Philadelphia Phillies have demonstrated a strong financial commitment, showing they’re fully invested in building a championship-caliber team. Their goal has clearly been to acquire the talent necessary to win a World Series, even if it means spending heavily.

They’ve handed out major contracts, their star players have delivered, and the team as a whole has embraced the organization’s vision. This squad still has the potential to be remembered among the all-time greats.

Kyle Schwarber, signed as a free agent in 2022, may have flown under the radar at the time, but he’s quickly established himself as a potential Phillies icon. He’s delivered impressive regular-season stats, come through in clutch postseason moments, and emerged as a natural clubhouse leader.

While there’s still hope the Phillies can lock him down with an extension during the season, one MLB insider suggests that a new deal isn’t likely at this point.

A Kyle Schwarber extension with the Phillies seems unlikely after offseason talks broke down

The 2025 season is the final year of the four-year contract Kyle Schwarber signed with the Phillies. As he enters his walk year, there’s been mutual interest in a potential extension, but no deal has been reached. Even before negotiations began, it was clear that locking up Schwarber long-term was a logical next step.

Ken Rosenthal of The Athletic reports that the Phillies did make an offer to Schwarber during the offseason, but those early discussions didn’t lead to an agreement (subscription required).

Rosenthal notes that Schwarber has been content going year-to-year in the past, particularly after the Chicago Cubs attempted to sign him to a long-term deal early in his career.

He opted for one-year contracts from 2016 through 2020 before hitting free agency and joining the Washington Nationals. Despite his desire to remain in Philadelphia, Schwarber is comfortable entering free agency again.

Kyle Schwarber’s value is climbing with each passing day

A new contract seems less likely with each passing day, as the regular season is in full swing and Schwarber is focused on contributing to the Phillies’ success right now. If he does reach free agency, he’ll undoubtedly draw significant interest, with his value rising thanks to his key role in the team’s recent postseason runs.

Schwarber is off to a strong start in 2025, batting .288 with a 1.114 OPS, six home runs, and 12 RBIs. Since 2022, only Aaron Judge has hit more home runs.

No matter where he’s slotted in the lineup, he’s consistently sparked the Phillies’ offense, according to MLB.com’s Todd Zolecki. Over his three-plus seasons in Philadelphia, Schwarber owns a .223 average with 137 home runs, 314 RBIs, and an .840 OPS.

What the Phillies would do without their reigning home run leader remains uncertain — and it’s a scenario fans hope they never have to face. Schwarber could soon explore free agency and earn the contract he deserves, and Philadelphia is hoping that journey ends with him staying in red pinstripes for years to come.