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cruzg24
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The Phillies signed Joe Blanton to a three-year, $24MM extension, according to a team press release. The deal buys out Blanton's last arbitration year and two free agent seasons. AOL FanHouse's Ed Price tweets the details: $7MM in '10 and $8.5MM in '11 and '12. Another $500K can be earned with innings incentives. The price is reasonable, given the recent contracts signed by Jason Marquis and Joel Pineiro.