Hamels’ Deal

If you’re interested in such things, here’s the complete breakdown of Cole Hamels‘ six-year, $144 million contract extension:

  • 2013: $19.5 million
  • 2014: $22.5 million
  • 2015: $22.5 million
  • 2016: $22.5 million
  • 2017: $22.5 million
  • 2018: $22.5 million
  • 2019: $19 million club option or $6 million buyout or $24 million option that vests automatically if Hamels meets each of the following criteria: a) 400 innings pitched in 2017-2018; b) 200 innings pitched in 2018; c) he is not on the DL at end of 2018 with left shoulder or elbow injury.

Deal includes a $6 million signing bonus.

Bonuses: $50,000 All-Star; $100,000 World Series MVP; $50,000 League Championship Series MVP; $100,000 Cy Young ($50,000-2nd; $25,000-3rd); $50,000 Gold Glove; $50,000 Silver Slugger; $100,000 for MVP ($50,000-2nd; $25,000-3rd). Player may purchase four Diamond Club seats to all home regular-season and postseason games. Player may purchase suite for five home regular-season games per year. Player may purchase suite on road. Club will promote Hamels Foundation. Limited no-trade provision.

13 Comments

Wow, you know what I just saw? Droves of Frillies Fans leaving the Ballpark after the 7th. I guess that attendance thing only works for people that want to come and get a signed ball. And Weinus keeps talking about how wonderful Frilly attendance is. Whoops.

Weinus Envy, no danger in Phillies attendance falling to the Braves-Mendoza Line.

at least they were there until the 7th, in Atlanta they don’t even show up for game 7 of the WS.

Guess we can’t even find out if they will do that in the town of cheeze whiz

Cheese Whiz? Oh yeah, that’s right – the Whiz Kids of 1950. I get it.

Contract terms are fascinating to me. They’ll pay him $144 million, but he also has to have a $6 million bonus. And the cash payouts for awards. If I’m paying a guy $22 million a year, wouldn’t I expect him to win some awards? Seems redundant to me.
Such is the strange state of modern sports.

The 6 million bonus is part of the 144 million contract. I think the terms of the contract is an attempt to keep them under the tax threshold next season.

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Chalk this loss up to Dave Montgomery and his chief water carrier Ruin Tomorrow Jr. or would that be Ruin Tomorrow Jr. and his chief water carrier Dave Montgomery? Six of one, half a dozen of the other.

pherris, what are you going to do next season when Ruben puts together a contending team?

I am 75 years old (Female) and have to work to try and pay our bills so I really don’t need to know how much Hamels will get every year. I can’t even comprehend that kind of money. Good for him.

Hey Todd –
Does it really need to be a deal point that a player can buy a ticket to a baseball game with his own money? In what situation would a player NOT be allowed to buy 4 tickets to any seat he wants in the park? That struck me as an odd element to this deal. Is that common? Thanks.

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