The Phillies have re-signed Jimmy Rollins to a three-year extension, reports ESPN's Jerry Crasnick. Exact terms of the contract are not yet known but the deal is believed to be worth $33 million with a vesting option. Rollins was originally looking for a five-year deal but the market was unwilling to meet his asking price. The 33-year-old has seen his offensive numbers decline since 2007, but managed to hit .268/.338/.399 this past season with 16 homers and 30 stolen bases.