Ryan Howard has reportedly agreed to a five year extension that will kick in for the 2012 season.

Howard will make $20 million in 2012-2013, $25 million in 2014-2016, and a $23 million club option for 2017.

The contract also includes a $10 million buyout option and a limited no trade clause.

Now that Howard’s deal is finished I find myself asking what happens to Jayson Werth? Remember theres only so much money to spread around.

Do the Phillies bite the bullet and sign Werth long term?

Do the Phillies trade Werth at the deadline?

Do the Phillies just let Werth walk at the end of the year?

Who knows, but one thing I know is those options aren’t very appealing. I’m guessing the Phillies will look to trade Ibanez either sometime this year, or during the off-season to make room for Werth’s contract. If they fail to do that they’ll be stuck with a lefty heavy lineup since Dom Brown – left handed hitter – will be Werth’s replacement.