Hamels Sings 3-Year, $20.5M Deal

Remember Cole Hamels?

The World Series MVP and ace left-handed pitcher of the Philadelphia Phillies?

Well, Hamels has reportedly inked a 3-year deal worth nearly $20.5 M. The news was first reported by The New York Post.

“We’re very pleased with the fact that Cole has had an opportunity to be rewarded for his accomplishments in the past,” Hamels’ agent, John Boggs, told ESPN.com’s Jerry Crasnick. “The contract gives Cole a degree of financial security, and it didn’t compromise his last year of arbitration or touch any free agent years, which was our goal.”

According to the N.Y. Post, the deal is back-loaded and essentially allows the Phillies to avoid salary arbitration with their top pitcher for the next three years. Hamels will receive $4.35 million in 2009, $6.65 million in 2010 and $9.5 million in 2011

In 2008, his third season, Hamels helped lead the Phillies to their second World Series championship, going 14-10 with a 3.09 ERA in the regular season. The 25-year-old has a 38-23 career record with the Phillies, including a 4-1 mark in six postseason starts.

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