Todd Zolecki of MLB.com has the details of Cole Hamels’ six-year, $144 million contract extension with the Phillies, which keeps the 28-year-old left-hander from hitting the open market as a free agent this offseason:
Signing bonus: $6 million
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 option or $6 million buyout
There’s a slight twist with that 2019 option in that it vests and becomes a $24 million option if Hamels throws at least 400 innings in 2017-2018, including at least 200 innings in 2018, and isn’t on the disabled list at the end of 2018.
There’s also a bunch of bonuses for awards and All-Star appearances, which Zolecki details further, and the contract includes a limited no-trade clause.
Oft-injured pitcher Josh Johnson is retiring from baseball, ESPN’s Jerry Crasnick is reporting.
Johnson, 32, hasn’t pitched in the majors since 2013. The right-hander underwent his third Tommy John surgery in September 2015 but wasn’t able to bounce back.
Johnson spent most of his career with the Marlins, but also pitched for the Blue Jays in the big leagues, as well as the Padres in the minors. He retires with a career 3.40 ERA, 915 strikeouts across 998 innings in the majors, and two All-Star nominations. Johnson led the National League with a 2.30 ERA in 2010, finishing fifth in NL Cy Young Award balloting. One wonders what he could have accomplished if he was able to stay healthy.
The Angels are nearing a multi-year deal with free agent third baseman Luis Valbuena, Jeff Fletcher of the Orange County Register reports. It’s believed to be a two-year contract with a third-year option.
Valbuena, 31, hit .260/.357/.459 with 13 home runs and 40 RBI in 342 plate appearances in 2016. He missed most of the second half with a hamstring injury, for which he underwent surgery in late August.
Valbuena has played a majority of his career at third base, but also has extensive experience at second base and has racked up innings at first base and shortstop as well. He won’t play every day for the Angels, as Yunel Escobar lays claim to third base and C.J. Cron first base, but he will give them flexibility and a left-handed bat off the bench.