Before the 2012 season even began, Phillies fans were worried about the 2012-2013 offseason. Cole Hamels was due to enter free agency, which raised a lot of questions about the season. Would be traded mid-season? Would he be locked up? Would he become a free agent and sign with our rivals? Ruben Amaro Jr. addressed this issue in late-July.
On July 25, the Phillies and Cole Hamels agreed to a six-year, $144 million contract extension.
The deal probably looks better with the moves that have occurred around baseball this offseason. Hamels may have set the market early, but it can be easily argued that the negotiations would be pretty intense if he waited for free agency. His price value would have definitely increased. The Phillies signed him at the right time.
It will be great to have Hamels in red pinstripes for the next six years, at least. He has been excellent thus far, and hopefully he can continue that for years to come.