PHILADELPHIA (AP) – Cole Hamels and the Philadelphia Phillies have agreed to a $144 million, six-year contract that prevents the 2008 World Series MVP from becoming a free agent after the season.
A person familiar with the trade told The Associated Press about the deal on condition of anonymity because there has been no official announcement. The deal includes a vesting option for a seventh year.
The Phillies plan an official announcement before Wednesday’s game against Milwaukee.
It’s the largest contract signed by a Philadelphia athlete and second-highest for a pitcher behind the $161 million deal the New York Yankees gave CC Sabathia in December 2008.
The deal was originally reported by FOXSports.com.
The 28-year-old Hamels becomes the third Phillies starter making $20 million per season, joining Roy Halladay and Cliff Lee. A three-time All-Star, Hamels passed up an opportunity to possibly get more money on the open market to stay with the team that drafted him in 2002.