• April 24, 2024

Phillies To Offer Cole Hamels Six Years And More Than $130 Million

For about a week, word has been circulating that the Phillies were preparing to make a strong push to sign Cole Hamels to a contract extension before the trade deadline. While no offer has officially been presented, details of the team’s imminent offer have been slowly leaking out with reports on Monday indicating that the team would offer the pitcher a contract valued at around $120 million.

Today, John Heyman’s latest report has added a few more details to light.

Per Heyman, the team’s initial offer to Hamels will be a deal for six years, and worth at least $130 million. The front office is using Matt Cain’s six-year $127 million dollar contract with the San Francisco Giants as a frame with which to build their offer. The Phillies are expected to make their offer within in the next few days.

While this reported offer is impressive both in terms of length and salary, I still don’t think its going to be enough to convince Hamels to sign now rather than wait for free agency. While his deal would worth more than Matt Cain’s, he could still generate much more interest on the open market.

The Phillies’ offer to Hamels may be “substantial”, but it needs to be “overwhelming” to convince the 28-year old to pass on free agency. I believe the team needs to offer more than $140 million to have realistic expectations that the lefty will commit to them for the long-term.

 

 

Denny Basens

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haveacigar
haveacigar
July 18, 2012 4:30 pm

Well they are getting warmer, I still think its going to take 7 and 150. He is the best FA pitcher at this age in a while.

jott1972
jott1972
July 18, 2012 5:34 pm

Agree needs to be 7 and 150

Prediction: Hamels to the Angels for CF Peter Bourjos, P Garret Richards and prospects

Eaglehaslanded
Eaglehaslanded
July 18, 2012 6:02 pm

Wow, if this was football or basketball people would scream about how greedy he is and when is enough enough. I like Cole and hopes he stays, I don’t care how much it takes or he makes, that’s his business. I just find the double standard amazing!!! Go Phils, GoBirds!!!

mhenski
mhenski
July 18, 2012 6:20 pm

Phil’s didn’t offer the money yet. Once they do and if cole declines you will hear it. I will probably be the first guy to do it too.

haveacigar
haveacigar
July 18, 2012 6:35 pm

I never understood how one man could fault or call another greedy for taking an extra 10 million for his talent, work and family! This is the only time in his career that Cole will get this chance. I hope to god he signs here but dont blame him if someone makes a crazy offer

jakedog
jakedog
July 18, 2012 7:42 pm

This is not his only chance to get a lucrative contract, at his age (27, 28), after four, five even six he will get another pay day and if he’s as good as he thinks the next pay day will be as lucrative if not more, phils need more help than ham els can provide at that money, unless they unload lee

daggolden
daggolden
July 18, 2012 11:04 pm

Alot of money for a player that plays once every 5 days. If he win 17-18 games a year for 25 million and a Joe Blanton wins 12-13 a year for 8 million that gives means Cole Hamels is making abour 3 million a win after Blantons 12 wins. lol. How many good every day players can I get for 130 million? Theres noway in hell Im paying over 300 million for 3 pitchers. Over a quarter of a billion dollars for players who play once every 5 days. When the team was loaded and healthy they couldnt win a world series, why would I possibly tie up this much money for 3 pitchers. If you can unload Lee then I would do it. If we had a young team with good prospects then yes. But we have to many holes.

paulman
paulman
July 19, 2012 9:26 am

I agree Jake,
Hamels could concievably sign a 3 Year $75 Million Deal, Pitch well and than at 31 years old, get another Monster deal from someone, but who is going to turn down a 5/6 Year Deal for $120-$130 MIllion, what happens if you get injured or blow your arm out.. You take the money with the guarantee and your set no matter what happens.. The time to have locked him up with a 3 Year Deal at $50/$60 Million was back in 2010/2011 but obviously, that didn’t happen.. Hamels and the Phils are where they are and HAmles has a ton of leverage which is good for him.. Also Phils have Carlos Ruiz to Re-sign and would be a huge mistake to let him go for he has always been one of the most underrated players on this Phils Team and the Pitchign Staff just loves the guy and to lose him would be a big setback in my opinion… Re-Sign Hamels, Ruiz, Trade Cliff Lee, Shane Victorino and then hope that Howard/Utley are healthy for 2013 while adding a LF,3B, CF and at least 3 arms for that Bullpen… Let Polanco, Kendrick move on and put Blanton in the Bullpen to be a 7th/8th Inning Set up Pitcher..

Frank22
Frank22
July 19, 2012 11:01 am

cole turns 29 this december. If he signs a 6 yr deal it would easilt take him to 24-35

Frank22
Frank22
July 19, 2012 11:04 am

34-35

mhenski
mhenski
July 20, 2012 9:42 am

Melky Cabrera didn’t make many new friends this week at his former baseball home of Turner Field. By Thursday’s series-finale, the outfielder was resoundingly booed every time he came to the plate or made a play in the field. He made rude gesture to fans in the left-field bleachers Tuesday. His slow home-run trot, excessive celebration of Gregor Blanco’s 11th inning home run and apparent suggestion that Jason Heyward try to advance to third base on a flyout drew ire Wednesday. It continued Thursday, when he made a chopping gesture after an eighth-inning triple and the Giants losing 3-1. “That’s Melky, and that’s why he’s not here anymore,” Chipper Jones said after Wednesday’s game. … “It won’t be forgotten.”

REUB GET ME THIS GUY ASAP!