Thursday, December 25, 2014

Reports: Phillies get six-year, $144 million deal done with pitcher Cole Hamels

The Phillies and pitcher Cole Hamels have reached agreement on the second-richest contract ever given to a starter, according to multiple reports.

Reports: Phillies get six-year, $144 million deal done with pitcher Cole Hamels

The Phillies and Cole Hamels have agreed to a long-term extension. (H. Rumph Jr/AP)
The Phillies and Cole Hamels have agreed to a long-term extension. (H. Rumph Jr/AP)

The Phillies and pitcher Cole Hamels have reached agreement on the second-richest contract ever given to a starter, according to multiple reports.

The deal is a six-year pact worth $144 million, according to Jon Heyman of CBSSports.com.

The contract would be second only to the seven-year, $161 million contract that the New York Yankees gave to CC Sabathia in 2008.

FoxSports.com's Ken Rosenthal was first to report the contract agreement late Tuesday night.

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The deal ends rampant trade speculation that has surrounded Hamels in recent weeks as the Phillies have faded in the National League playoff race.

The team is expected to hold a press conference later today to officially announce the agreement with Hamels.

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