Hamels negotiations still very much alive

Don't read too much into reports that Cole Hamels has not accepted the Phillies' latest contract offer. The two sides are actively involved in negotiations on a six-year contract that could trump the $137.5 million that Johan Santana landed from the Mets prior to the 2008 season.

It is too early to say that the negotiations are entering the home stretch: Sources with knowledge of the talks said that there are still several issues that need to be worked out before a deal is consummated. But the hope, according to one source with knowledge of Hamels thinking, is that the end result will be a contract that keeps Hamels in Philadelphia well beyond the 2012 season.

Hamels next scheduled start is Friday. It is unclear if the Phillies need some sort of resolution by then.

Stay tuned.