Phils preparing offer for Cole Hamels

by Matthew on July 12, 2012

Jayson Stark of reports that the Philadelphia Phillies are close to a deal with soon-to-be-free-agent left-hander Cole Hamels.

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The offer is thought to be substantial, a stark contrast to a franchise that has never signed a pitcher to a contract that included more than the five guaranteed years.

The biggest so far being when the team inked Cliff Lee to a five-year, $120 million deal–a contract that established a then-record average annual value for a pitcher of $24 million per season.

Nevertheless, Philly will need to sharpen its pencil if they want to keep the most winningest pitcher they have cultivated in the past 40 years. All while trying to stay under the$178 million luxury-tax threshold.

Both Phillies’ GM Ruben Amaro Jr. and Hamels’ agent, John Boggs, declined to comment on any aspect of the negotiations, but speculation is that whatever is offered will no doubt rival or surpass the five-year, $112.5 million extension signed by San Francisco right-handerĀ Matt Cain in April.

The club will have to hurry if they wish to lock their franchise southpaw before the July 31 trade deadline, and I would not be surprised if the Phils end up breaking their own precedent by offering Hamels six or more years.

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