UNSUPPORTED BROWSER
SI Wire

Report: Cole Hamels to receive $130 million offer from Phillies in next few days

Cole Hamels will reportedly receive a $130 million offer from the Phillies. (Justin Edmonds/Getty Images)

The Philadelphia Phillies plan to offer their pitcher Cole Hamels $130 million over six years, according to a report on Wednesday from Jon Heyman of CBSSports.com:

The Phillies are sending signals that they are planning to make an initial offer to star lefthanded pitcher Cole Hamels for about $130 million over six years within the next few days.

The team is hoping to reach a decision with Hamels before the end of July; if they can't reach a deal, the team will look to trade him ahead of the July 31 deadline.

Heyman reported that the team is looking to lock-up Hamels with the same kind of contract Matt Cain signed with the San Francisco Giants this year. Cain is making $15 million this year with the Giants and signed a $112.5-million, five-year extension this past spring. As Heyman points out, Hamels could seek more than $130 million because "he's lefthanded and has a higher winning percentage (.594 to Cain's .510)."

The Phillies remain committed to re-signing Hamels, and Heyman reported that although $130 million may be enough to keep him, "the numbers may well go up from there."

Among the teams interested in Hamels are the Texas Rangers and the Los Angeles Angels and Dodgers.

More SI Wire

Close

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 4 easy steps:

  1. Click the Chrome menu on the browser toolbar.
  2. Select Bookmarks.
  3. Select Bookmark manager.
  4. Locate your current Sports Illustrated bookmark, click the Organize menu, then select Edit. You can now easily update the web address of your Sports Illustrated bookmark.

    Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 2 easy steps:

  1. Click the Safari bookmark manager on the browser toolbar.
  2. This will open the Bookmarks Bar. In the Bookmarks Bar, select your Sports Illustrated bookmark and manually edit the Address field.

    Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 3 easy steps:

  1. Click the Firefox bookmark manager on the browser toolbar.
  2. Select Show All Bookmarks.
  3. This will open the library window. In the Library window, select your Sports Illustrated bookmark and manually edit the Location field.

    Our updated web address is http://www.si.com.
Don't Show This Again