Phillies, Cole Hamels agree to a six-year, $144 million deal

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UPDATE: Jon Heyman says the deal is for six years and $144 million. There is also a 7th-year, vesting optiion making total package worth in excess of $160 million.

UPDATE: Buster Olney says that a deal is in place, with Hamels signing with the Phillies is for a little more than $140 million, over six years, pending a physical.

1:33 AM: FOXSports.com’s Ken Rosenthal has the scoop: Cole Hamels and the Phillies are close to a six-year, $137.5 million contract extension that would be the second largest deal ever given to a pitcher.

Hamels would essentially get $23 million per year, the same amount CC Sabathia received in his original seven-year, $161 million pact with the Yankees. That deal is the biggest ever for a pitcher. In terms of annual salary, Hamels would be the game’s third highest-paid pitcher behind Sabathia, whose renegotiated deal with the Yanks puts him at $24.4 million per year, and teammate Cliff Lee, who is making $24 million per season as part of a five-year, $120 million contract.

All things considered, it looks like a very fair deal for both sides. Maybe the Dodgers would go crazy and try to blow Hamels out of the water with an offer this winter, but barring that, $140 million seemed to be the likely price tag for the left-hander. The deal allows Hamels to get market value and stay with the only club he’s known during his professional career.

With Hamels out of the way, Zack Greinke would be the only elite starter available in free agency this winter. Anibal Sanchez and Edwin Jackson would be next in line, something that will surely drive up their price tags. That Jackson settled for a one-year deal with the Nationals last winter is looking like a very astute move right now.

Hamels, 28, is 11-4 with a 3.23 ERA in 19 starts this season. While he battled injuries in high school and in the minors, he’s been plenty durable in the majors. His only DL stint in the last five years came in Aug. 2011, when he missed some time with shoulder inflammation. It didn’t prevent him from pitching 216 innings last year, and he’s on pace to make 30 starts for the fifth straight year in 2012. He’s 85-58 with a 3.38 ERA lifetime for the Phillies.

Yasiel Puig’s one-game suspension has been rescinded

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MLB.com’s Ken Gurnick reports that Dodgers outfielder Yasiel Puig‘s one-game suspension has been rescinded. Instead, he will make a charitable donation. The alternative “punishment” was agreed to by Major League Baseball and the Players’ Association.

Puig was suspended one game two weeks ago after flipping off some hecklers at Progressive Field in Cleveland. Puig showed remorse after the game, saying, “I stooped to their level.”

Entering Tuesday night’s action, Puig was batting .251/.331/.458 with 14 home runs and 41 RBI in 287 plate appearances.

Video: Adrian Beltre hits his 450th career home run

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Rangers third baseman Adrian Beltre picked a good time to hit his 450th home run. With the game tied 1-1 in the top of the ninth inning, Beltre took the first pitch he saw from closer Cody Allen for a ride, sending it into the left field seats at Progressive Field to break the tie.

The Rangers would go on to win 2-1. Beltre finished 2-for-4. He now has 2,969 career hits, leaving him 31 shy of becoming the 31st member of the 3,000 hit club.

On the season, Beltre is hitting .303/.373/.562 with five home run sand 22 RBI in 102 plate appearances.