The Philadelphia Phillies announced some good news on Monday and some bad news. The encouraging talk was that the team signed shortstop Jimmy Rollins to a five-year contract extension, but on the downside placed starting pitcher Randy Wolf on the 15-day disabled list with an elbow problem. The lefthander underwent an MRI exam Monday, but the team shelved him anyway even though results of the exam were not known. Wolf will not accompany the team on its upcoming West Coast swing and admitted after tossing six innings in Saturday's win over Milwaukee that he has been experiencing pain. Wolf threw mostly curve balls and never exceeded 87 miles per hour on the speed gun, staying around 83 mph for most of the night. He said after the game that the injury is similar to the elbow pain that landed him on the DL twice and limited him to just 23 starts during the 2004 season. Wolf will not be with the team when it leaves for six games at Seattle and Oakland. "I just have to take it day by day," Wolf said on Sunday. "I don't want to presume anything or jump to conclusions. I'm trying to take the side of caution and do things right." After going 1-3 with a 6.52 ERA in April, Wolf has gone 5-1 with a 3.17 ERA since the start of May. Overall, he is 6-4 with a 4.39 ERA in 13 starts this year. Rookie righthander Rob Tejada will start in Wolf's place on Friday versus the A's. The timing could not be worse for the Phillies, who finished 12-1 on their latest homestand. They trail first-place Washington in the competitive National League East. In a related move, the Phillies recalled right-handed pitcher Amaury Telemaco from the team's minor-league affiliate in Scranton to replace Wolf on the roster. Telemaco cleared waivers Monday and will join his teammates in Seattle. Meanwhile, Rollins inked a five-year, $40 million contract extension. He received a $5 million signing bonus as part of the deal, which will pay him $4 million next season, $7 million in 2007 and 2008, and $7.5 million in each of the final two years of the contract. The Phillies hold an $8.5 million club option for 2011 that could bring the entire value of the contract to $47.5 million. They also retain a $2 million buyout option. Rollins, 26, is in his sixth season with the Phillies, who selected the Oakland, CA native in the second round of the 1996 draft. One of the stronger defensive shortstops in the game, Rollins was an All-Star in 2001 and 2002, and owns a career average of .269 with 52 homers, 45 triples, 273 RBI and 143 stolen bases. In 62 games this season, he is batting .263 with five homers, 19 RBI and 13 stolen bases.