Report: Phillies preparing “substantial” offer for Cole Hamels

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According to ESPN’s Jayson Stark, the Phillies are preparing a “substantial” offer for impending free agent Cole Hamels.

Exact details of the offer aren’t yet known, but Stark hears that the Phillies have had multiple internal discussions about whether to offer more than five guaranteed years. Previous reports have indicated that the club doesn’t have an issue with giving Hamels the yearly salary he covets, likely close to Cliff Lee’s $24 million AAV (average annual value), but they have been hesitant to go beyond five years.

The Phillies will almost certainly have to make a concession in years to have any chance to keep Hamels from testing the open market. He doesn’t turn 29 until December and is poised to land one of the richest contracts ever for a pitcher.

With Chase Utley and Ryan Howard back and Roy Halladay expected to return soon, Stark hears the Phillies will wait up to two weeks before determining whether it’s time to sell off parts leading up to the July 31 non-waiver trade deadline. By then, they should have a pretty good indication of whether Hamels is receptive to their offer.

Cardinals activate Greg Holland from disabled list

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The Cardinals announced on Tuesday that reliever Greg Holland has been activated from the 10-day disabled list. Reliever Matt Bowman heads back to the DL with blisters on his right middle finger.

Holland, 32, has been out of action since late May due to a right hip impingement. Holland signed a one-year, $14 million deal with the Cardinals at the end of March, but it hasn’t been going well. He has given up 15 runs (14 earned) on 20 hits and 15 walks with 10 strikeouts in 13 1/3 innings this season.

Bowman, 27, missed about a month between May 17 and June 14 due to blister issues. He appeared in only three games before heading back. Bowman gave up two runs and recorded two outs in Monday’s 6-5 walk-off loss to the Phillies.