Tue 11/12/13 8:46 PM

Phillies signed OF Marlon Byrd to a two-year, $16 million contract. The deal also includes a club/vesting option for 2016. Byrd played the 2013 campaign for $700,000, but he earned a massive raise after batting .291/.336/.511 with 24 home runs and 88 RBI in 147 games between the Mets and Pirates. He'll surely be unable to repeat that performance in 2014, but the Phils are betting that the regression won't be steep.