Rangers had “in-depth” trade talks about Cole Hamels before the Yovani Gallardo deal

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The Rangers officially acquired right-hander Yovani Gallardo from the Brewers this afternoon in exchange for infielder Luis Sardinas and right-handers Corey Knebel and Marcos Diplan, but they looked into a more high-profile addition before deciding on the trade.

FOX Sports’ Jon Morosi reports that the Rangers and Phillies had “in-depth trade talks” about left-hander Cole Hamels. However, Ken Rosenthal writes that money was ultimately the sticking point for Texas. Hamels is owed $96 million over the next four seasons with a $20 million club option (or a $24 million vesting option) for 2019, which isn’t all that crazy when you consider what Max Scherzer is getting. But they apparently felt that it wasn’t worth it when they would also likely have to give up a handful of their best prospects.

While the Rangers are now out of the mix for Hamels, the Phillies have no shortage of potential suitors. The Red Sox, Padres, and Cardinals have been mentioned most prominently of late.