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Report: Phillies to Pitch Hamels $130 Million Deal

Posted by Pat Gallen, Wed, July 18, 2012 01:49 PM | Comments: 12
Analysis, News, Opinion, Posts

(AP)

Jon Heyman of CBSSports.com says he’s hearing rumblings the Phillies will over Cole Hamels a contract of $130 million over six seasons in a last-ditch effort to keep him before the trade deadline. Heyman said previously the Phillies would offer $120 million, but that seemed a little low by my calculations.

From Heyman:

Cain signed a $112.5-million, five-year extension this spring on top of his $15-million 2012 salary, meaning the Giants had $127.5 million in commitments to him. With that in mind, Hamels’ first offer from the Phillies might be for exactly $127.5 million. Or it could be for a bit more if they feel adjustments are needed based on their initial, unofficial talks with Hamels in the past couple of days. The figure is unlikely to be less.

The Phillies are said to be very committed to trying to bring back Hamels, and it’s quite possible $127.5 million or thereabouts may only be an opening plan. The numbers may well go up from there.

The Phillies want to have a resolution to the Hamels situation within a week or so because if they can’t extend Hamels they will want to have the option to trade him by the July 31 trade deadline. The Rangers, Angels, Dodgers and many other teams will be interested if he’s available in trade.

As you can see, Matt Cain’s new deal is obviously just a starting point. Heyman mentions it can only go up from there. I’ve long thought that it won’t nearly be enough, that the Phillies will have to get close to 6 years, $140-145 million to get Hamels to sign RIGHT NOW.

Think about it; there is no reason for Hamels to sign unless A) he is worried about his health between now and free agency, or B) he is blown away by an offer. Free agency will only stand to increase his value on the market as teams like the Dodgers, Yankees, Red Sox, and other could get involved and try to outbid the Phillies.

Stay tuned…

Avatar of Pat Gallen

About Pat Gallen

Pat Gallen has written 1668 articles on Phillies Nation.

Pat is Editor-in-Chief of Phillies Nation. He also covers the Phils for 97.5 FM in Philly.

 
 
  • Posts: 120 Dave P

    Avatar of Dave P

    Please come back, Cole. We need ya.

     
  • Posts: 1189 Manny

    Avatar of Manny

    130 / 6 years is a very good offer from the Phils. Sign that, Cole!

     
  • Posts: 0 phil

    I think they will need to go 7 years $150.

     
  • Posts: 0 TheDipsy

    Cole will NOT sign for that. I think he would sign for 6y/144m. Thats 24m a year over six years. Thats a little less than he would get as an FA.

    The Dipsy

     
  • Posts: 0 George

    I wish these weren’t just rumors. I’m tired of all the “hears rumblings
    ” and “will offer” nonsense. If they’re going to make an offer, they should just do it, and shut down the contradictions of the idiot rumor mill.

     
  • Posts: 4566 Lefty

    Avatar of Lefty

    Did you by chance mean 130/5? Why would they expect him to sign for 21.6 per? That’s less than Cain per year.

     
  • Posts: 0 Don M

    For the chance to A) make $130 M … and B) make that in the city you want to stay in …. I think Hamels signs that deal

    or at most- he makes them go $138 M to best the Johan Santana contract (6/$137.5 M)…

    I think that Hamels signs an extension, and Victorino gets traded (with a Dom Brown callup)

     
  • Posts: 0 Don M

    He could obviously make more than $130 M on the open market . . . but like Lee said – at some point enough money is enough money. .

    put $130 M in your pocket over the next 6 years, and not have to move your family to a new city, etc. . . . . or completely change your lifestyle grabbing at extra dollars . . . I think Hamels stays put, $130- 140 M gets it done in a 6-year-deal.

     
    • Posts: 1189 Manny

      Avatar of Manny

      Absolutely agree.. maybe he can get them to push it closer to 140.. But 6 years at 130-140 should definitely get it done if he actually wants to stay here.

       
  • Posts: 0 Ken Bland

    I’m starting to get a little bit fired up again about the Hamels situation. Gawd, I’d hate to waste time detailing how long this nonsense has been going on. But, it is a substantial amount of money, with ramifications galore, and I have to at least to a degree respect the club’s turtle pace.

    But with things seemingly about to reach a head, it’s interesting to think of the 2 party’s positions, rather generic on dollars though I am

    The Phils position, which I find less intruiging is borderline scary. Trading a young even semi stud if you have some degree of doubt about Cole’s ability has an excellent chance to formulate a short term nightmare. How can a locker room watch him get traded, and maintain a “that’s business” attitude. Let’s get real on that aspect of it. You think June was listless? Holy apathy! The fan backlash will be brutal as well. Hamels is probably costing them about 20 mil more now than he might have a year ago. That might be conservative. Longer term, be it 2, 3, 4 years, Cole wouldn’t be forgotten, but club success will fade the memory. But that short term….oooeeee.

    Hamels, on the other hand, has pulled off a better fake name act than any Latin player this side of Leo Nunez. People should check his birth cert to see if says Coolbert, and not Colebert. The only thing he has said wrong this season is in response to Bryce Harper questions. And he’s even played that to his advantage by turning the tide and admitting he was wrong, but not in so many words. At every red microphone light, he has discussed his contract situation with perfection. He lied when he said he doesn’t think about it, but his nose didn’t grow. He acted like a 4 year old on Xmas morning when asked about re-signing with the Phils if he does get traded and becomes a free agent. Poor Heidi has been reduced to 2nd best actor in the Hamels clan.

    Truth is, common sense prevails. Hamels is playing this negotiating game with the Phils to a tee, but his thought process within almost has to be totally different. If he likes Philly so much, and he’s given a lot of reasons why he does, there simply has to be a point of respect, a dollar figure, a length, in precise form that would end this nonsense in a heartbeat. Take away the risk of playing an actual dangerous game that could cost him millions if things don’t go right. Take away the drudgery of teammates, friends, and routine left behind. Dive into the comfort of security in a matter of seconds. He might well be as competitive as he comes across at times, wanting to be the best, and wanting to see his value, which it’s not anyway. It’s just a matter of fantasizers throwing money around to win a negotiating competition. But the practical side of it, the finish line to what simply has to be a grueling process, whether he admits it now, or looking back on the experience has to win out.

    What makes it win out? That’s for Ruben Amaro and David Montgomery to figure out. They need to be prepared to go a step beyond their best offer. And they can’t make their best offer. They need to make a representative market offer. Because if their final offer, which actually might be their first is short of mind boggling, Hamels should utilize the anchor words of any business negotiation. “Can you go.” And when he does, if the Phillies do, then the real Cole Hamels needs to stand up and say yes. You can talk out of both sides of your mouth in a public negotiation until your chartruse in the face. At some point, you have to cut the risk, cut the game, cut the ego trip and end it. And if the Phillies cooperate to a point described, where Hamels should say “can you go”, Cole will get an A+++ if he extends his hand and whips out a pen.

    Now whether the Phillies get to that point is on them. If they do, and Cole says no, all his right things rhetoric will give way to the truth, which is he doesn’t want to be here as much as he wants something else And that’s no crime. But taking the game beyond having your opponent eating out of your hand would really leave a bad taste in a lot of Philadelphia’s mouth. That, to call sad, would be a massive understatement. It’s part of the game, but it still sucks. The Phillies can do their part to avoid that. If that happens, it’s on Cole to get real and end this nonsense.

     
  • Posts: 0 ann

    Stop the speculation and come get back to us when you have FACTS. Sick and tired of hearing all these different figures. No one wants him to go but money talks,
    and it looks like no one knows anything.

     
  • Posts: 0 Ryne Duren

    it’s simple really! ken spoke well of it. my thoughts are if you offer somebody a 5-6 yr contract for 130-140 million and they turn that down, well then we would all know cole was blowing smoke out his wazoo! he turns that down and you trade him the next day. you get as much as you can for him cause he’s not gonna make this team win anything this year! i mean he’ll try he’s competitive and all that, but the math isn’t on our side this year, it’s allready too late!

     
 
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