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According to the Associated Press, Phillies reliever Ryan Madson has signed a $12 million, three-year contract.

Madson was 4-2 with a 3.05 ERA in 76 games in 2008 and has become the “Bridge to Lidge” – the Phillies’ primary setup man for closer Brad Lidge.

The deal calls for Madson to receive a $1 million signing bonus, $2 million this season, $4.5 million in 2010 and $4.5 million in 2011. The righthander s 32-21 with a 3.94 ERA and five saves in 295 career games, including 18 starts. He was 1-0 with a 2.13 ERA in 11 postseason games last year.

Five Phillies remain in arbitration: Ryan Howard, Jayson Werth, Shane Victorino, Chad Durbin and Joe Blanton.

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2. Mets Sign Oliver Perez To Three Year Deal
3. Jayson Werth Signs Two-Year Deal With Phillies
4. Phillies Sign Shane Victorino To One-Year Deal
5. Phillies Sign Hamels To Three-Year Pact