Rollins agreed to a 3-year, $33 million contract with Philadelphia. The deal includes a vesting option for a fourth year.
The agreement is pending a physical.
“Gotta deal with me for 3 (4) more years!” Rollins wrote on Twitter.
Rollins is a three-time All-Star shortstop and the 2007 NL MVP. He has spent his entire career with the Phillies after being selected in the second round of the 1996 amateur draft, and was a free agent for the first time.
Rollins, who turned 33 last month, sought at least a five-year deal. The Phillies didn’t want to go that long, and were able to reach an agreement after the market for Rollins lessened.
He hit .268 with 16 homers, 63 RBI and 30 steals this year. He has been plagued by leg injuries in three of the last four years, and played in a career-low 88 games in 2010. He started 135 this year.
REDS: Acquired right-handed starter Mat Latos from San Diego for a package of four players that includes two top prospects.
Cincinnati gave up infielder Yonder Alonso and catcher Yasmani Grandal – both first-round picks – along with starting pitcher Edinson Volquez to get the 24-year-old Latos, who initially will move into the No. 2 spot in the rotation behind Johnny Cueto. Latos went 9-14 with a 3.47 ERA for the Padres last season, finishing among the NL leaders in ERA and strikeouts.
GIANTS: A person with knowledge of the negotiations says San Francisco reached a one-year deal with backup catcher Eli Whiteside after declining to offer him a contract Monday, avoiding arbitration and making him a free agent.
Whiteside will receive $600,000 if he is on the major league roster and $175,000 if in the minors. He provided key innings for the 2010 World Series champions this past season after reigning NL Rookie of the Year Buster Posey went down with a season-ending leg injury.