Howard, the 2006 NL MVP, led the majors with 48 homers and 146 RBIs last season while helping the Phillies win their first World Series title since 1980.
“I’m happy to have this done and to know that I’ll be in Philadelphia for at least another three years,” Howard said.
Howard will earn $15 million this season, $19 million next year and $20 million in 2011.
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