Report: Phillies, Chase Utley reach agreement on two-year, $27 million deal
Utley, 34, is batting .275 with 15 home runs and 42 RBI this season and is in the final year of a seven-year, $85 million contract. The new deal would be for 2014 and '15 seasons.
Utley missed almost a month of action earlier this season due to a strained right oblique, and he has only played in 84 of the team's 113 games.
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Such a deal seemed difficult to imagine before the start of this season. Utley, due to a variety of knee problems and right thumb surgery in 2010, averaged only 100 games the previous three years.