Updated

The Philadelphia Phillies have reportedly reached an agreement on a contract extension with second baseman Chase Utley.

According to an MLB.com report, the club has been discussing an extension with the fan-favorite second baseman for several weeks. General manager Ruben Amaro Jr. has frequently stated that he envisioned Utley as a "Phillie for life", but terms of the deal were not available.

Entering Wednesday, Utley is hitting .277 with 15 homers and 43 RBI, despite missing 29 games this season.

The 34-year-old has appeared in just 385 games since 2010, but was a cornerstone piece of the Phillies run in back-to-back World Series appearances in 2008 and 2009.

Utley holds the record for most home runs in World Series history by second baseman with seven and tied Reggie Jackson's record for homers in a single Fall Classic with five in 2009 against the Yankees.

Over 1,276 career games, Utley is batting .287 with 214 home runs and 782 RBI.