The free agent left-hander will earn $126-million to stay on the West Coast, according to baseball officials.
The Mets, Rangers, Mariners, Angels and Yankees were the other teams reportedly interested in Zito. This is all good news for the Phillies. Zito stays away from their chief rival, plus, the Phillies could revisit discussions about moving Jon Lieber to Texas for bullpen help. The Rangers' rotation looks weak, with former Phillie Robinson Tejeda currently penciled into the No. 4 slot.