Jan
20

Phils lock up Hamels

By | Contract Negotiation, MLB Players, MLB Teams

1 Comment

The world champion Philadelphia Phillies have avoided arbitration with ace pitcher Cole Hamels. The Phils have given Hamels a 3-year, $20.5 million contract. The contract will reportedly give Hamels $4.35 million this season, $6.65 in 2010 and $9.5 million in 2011.

In addition, a couple of incentives have been included in this contract:

  • If Hamels wins the Cy Young Award, his base salary will increase by $500,000 in the season following the award.
  • If Hamels comes in 2nd or 3rd place in Cy Young voting, his salary will increase by $250,000 the following season.

This past season was Hamels’ third with the Phillies. Hamels was an integral part of the Phils’ world championship victory; he went 14-10 with a 3.09 ERA.

In his career with the Phillies, the 26-year old Hamels is 38-23 and 4-1 with a 2.16 ERA in six career postseason starts.

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  2. Phillies Retain Moyer, Sign Park
  3. Braves Lock Up Lowe, Kawakami
  4. World Champs Sign Ibanez
  5. 2008 MLB Arbitration Recap
  • Luca Esposito

    If you’re Hamels, how can you be content with a deal that pays you an average of almost 7 million a year when the 35 year old Lowe is getting 15??

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