Here is the Phillies' press release annoucing the signing of closer Jonathan Papelbon:
Right-hander Jonathan Papelbon has signed a four-year, $50,000,058 million contract with the Phillies, Senior Vice President & General Manager Ruben Amaro Jr. announced today. The contract includes a vesting option for 2016.
Papelbon, 30, went 4-1 with 31 saves and a 2.94 ERA in 63 appearances this past season with the Boston Red Sox. He had a career-best 87 strikeouts in 64.1 innings (12.2 SO/9.0 IP) and held opponents to a .207 batting average. In his final 25 games of the season, Papelbon posted a 1.35 ERA, allowing four earned runs in 26.2 innings pitched and did not allow a home run in his last 30.2 innings (29 games).