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Phillies Extend Cole Hamels to Six-Year Deal

Phillies SP Cole Hamels. (Photo by Miles Kennedy/Getty Images)

PHILADELPHIA — All is well in Philadelphia.

The Phillies have signed their home grown starting pitcher Cole Hamels to the richest deal in Philadelphia history, a six-year, $144 million deal announced by general manager Ruben Amaro.

The contract will also include a vesting option for a seventh year, jumping the contract’s value up to $160 million. It also has a limited no-trade clause.

The 28-year-old is having another fine season, posting an 11-4 record with a 3.23 ERA in 19 starts this season.

There will be a press conference at noon to announce the extension.

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Game 95: Phillies Cole Hamels vs Giants Matt Cain the Only Story

Phillies SP Cole Hamels. (AP Photo/Charlie Riedel)

PHILADELPHIA — Centered around the Phillies season is Cole Hamels.

With the team in the middle of its worst season in over a decade, retaining Hamels is their focus. With the Giants in town today, another player being the indirect focus during these contract negotiations will pitch against Hamels today.

Matt Cain, whose contract is what the Phillies will base their contract off of, will face Hamels today on National TV, a 4:05 game on FOX.

Let’s look at what these two pitchers have done this season:

  • Hamels: 18 starts, 11-4 record, 3.07 ERA, 125 strikeouts, 1.087 WHIP.
  • Cain: 18 starts, 10-3 record, 2.56 ERA, 124 strikeouts, 0.955 WHIP.

Cain, 27, also has a perfect game and two shutouts under his belt this season while Hamels, 28, has none. Cain’s 0.955 WHIP is also the lowest in the Majors.

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Talks Between Phillies, Cole Hamels Intensifies

The Phillies want Cole Hamels.

They want to sign Hamels so bad that the Phillies, ”are really not even entertaining (trade) offers at this point,” according to a source of Jayson Stark’s. Their goal is to sign Hamels before the July 31 deadline.

More from Stark:

Another source said the Phillies are now willing to sign Hamels to a six-year contract, a first for any starting pitcher in club history. For months, length of contract has been the No. 1 sticking point in the negotiations. The Phillies initially offered Hamels a four-year extension last offseason, but they came to the conclusion they had no alternative but to soften that stance as Hamels draws closer to becoming a free agent this fall.

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Stark: Phillies To Make Substantial Offer to Cole Hamels

Phillies SP Cole Hamels pitches in the All-Star Game this past Tuesday. (AP Photo/Charlie Riedel)

According to a report by ESPN’s Jayson Stark, the Phillies are readying a nice offer to soon-to-be free agent starter Cole Hamels.

Hamels is expecting to make some big money this offseason and the Phillies do not want to see the future of their rotation pitch for another team. In order to prevent that, they are preparing themselves to give Hamels a contract that will be one of the richest in team history.

Though the report via Stark says the Phils are working on something, both general manager Ruben Amaro and Hamels’ agent John Boggs declined to comment on any contract negotiations with Stark.

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Sources tell TPP that contracts have been offered to Phils free agents

Kevin Kee of “The Philly Phans” has a source within the organization that the Phillies have offered contracts to both Jimmy Rollins and Cole Hamels.

Kee confirmed his source with TTB directly. All information below is from Kee and his source. More is known, but won’t be released until they are backed up or confirmed.

The Phillies offered Rollins a five-year contract, a deal that he wants, and it looks like he could be back in Philadelphia. It is also believed that Rollins will accept a small hometown discount. (Kee corrected our post: No team will offer Rollins a five-year deal and it’s expected the Phils will be able to get him at a discount and for less years.)

The Phillies also offered an extension to Hamels for a long term contract. A deal should be done before the season starts. Numbers for the deal will be withheld for now but the length should suffice for both sides of the deal.

In regards to back-up catcher Brian Schneider, Cliff Lee special requested the Phillies re-sign the 34-year old.

The Phillies are also still interested in free agent corner infielder/outfielder Michael Cuddyer. They have not offered him a contract yet.