Phillies Sign Cole Hamels To 6-Year, $144 Million Contract Extension

Lately things have been going right for the Philadelphia Phillies. That trend continued in a big way on Wednesday morning with the team signing Cole Hamels to a 6-year, $144 million contract, according to Jon Heyman of CBSSports.com.

The Phillies were known to be working hard on a deal to lock up Hamels before the trading deadline, and came through with the longest contract they've ever given a pitcher.

Hamels will make an average of $24 million per year, well above the money Matt Cain received from the San Francisco Gaints earlier this year. With the new pact, the All-Star lefty will make the same annual salary as his star teammate Cliff Lee.

The contract is the second richest ever handed out to a pitcher, with the only one eclipsing it being the Yankees deal with CC Sabathia for $161 million.

A press conference is expected for Wednesday to celebrate the Phillies keeping another one of their homegrown stars.

For more on the Phillies, please be sure to check out our blog The Good Phight and SB Nation Philly for all the latest news and updates.

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