Report: Phillies, Cristopher Sanchez finalizing 4-year extension

(Photo credit: Brian Fluharty-USA TODAY Sports)
The Philadelphia Phillies and left-hander Cristopher Sanchez are finalizing a four-year contract extension, MLB Network reported Saturday morning.

Financial terms were not disclosed for Sanchez, who is playing this season on a one-year, $753,500 contract.

Per the report, the Phillies will buy out Sanchez's arbitration years. Currently, he is eligible for arbitration in 202