PHILADELPHIA (AP) - Cliff Lee and the Phillies have finalized a $120 million, five-year contract that brings the star pitcher back to Philadelphia.
Lee spurned more lucrative offers from the New York Yankees and Texas Rangers to return to the Phillies, who traded him away a year ago after he helped them reach the 2009 World Series.
The deal was reached late Monday night, and was announced Wednesday after Lee passed a physical. Lee will be introduced at a Wednesday afternoon news conference.
The two-time All-Star and 2008 AL Cy Young Award winner helped the Rangers reach their first World Series this year. He chose to rejoin the Phillies and combine with Roy Halladay, Roy Oswalt and Cole Hamels to form a dynamic starting rotation. He will wear No. 33.
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