Found February 07, 2013 on
The Biz of Baseball:
He’s called the “King” and now he’s getting paid like one.
Today, the Seattle Mariners have reached an agreement with former AL Cy Young winner Felix Hernandez to a 7-year, $175 million contract. In doing so he becomes the highest paid pitcher in baseball. According to Bob Nightengale of USA Today, the deal is expected to be finalized before Spring Training. As reported by Nightengale:
Hernandez was scheduled to earn $19.5 million in 2013 and $20 million in '14. Instead, his new contract will take effect this season and pay him a record average annual value of $25 million through 2019.
So, how does the contract rate against his current and former peers?
By average annual value (AAV) he ranks #4 tied with Ryan Howard and Josh Hamilton at $25 million, and surpasses the Dodgers’ Zack Grienke who’s AAV for his 2013-18 deal is $24.5 million.
As mentioned, in terms of total dollars he surpasses CC Sabathia’s 7-year, $161 million deal that runs 2009-15 as the highest paid pitcher...
BEST OF MAXIM
King Felix locked up
After declaring this offseason that it was his goal to keep Felix Hernandez a Mariner for life, Seattle GM Jack Zduriencik seems to have done just that.
As reported by USA Today’s Bob Nightengale, the Seattle Mariners have agreed to sign Felix Hernandez to a new seven-year, $175 million deal.
The deal will replace Hernandez’s previous contract, which had...
On the heels of the news of a huge contract extension from the Seattle Mariners Thursday night, SP Felix Hernandez announced that he would skip the World Baseball Classic on Friday. Despite the reports of the deal being finalized on Thursday night, both the Mariners and Hernandez’s agent denied that any such deal had been finalized.
Since the deal is not officially finished, Hernandez...
GOOD TO BE THE KING
You can put to rest any questions as to whether or not the M's will deal their ace, as they reportedly have re-signed him to a deal that will keep in Seattle for the next seven seasons.
With all the things going on in the baseball world right now that aren’t shining endorsements and feel good stories for our favorite sport, Felix Hernandez signing a long contract extension with the Mariners is good for baseball.
Last summer there was some sentiment that the Mariners should try to trade King Felix and get what return they could on the 27-year old pitcher who...
Felix Hernandez is an incredible pitcher. I'd take Clayton Kershaw over him, sure, and maybe Matt Cain. Other than that, though, Felix might be the most valuable pitcher in the game today.
That being said, he's not worth 7 years and $25 million a year. No pitcher is (or, I should say, was), unless he is vintage Pedro or Maddux. Unfortunately (for the Mariners), that's...
Seattle Mariners ace Felix Hernandez has agreed to a seven-year, $175 million contract that should be finalized before spring training, making him the highest-paid pitcher in baseball history, a person familiar with the contract details told USA TODAY Sports. Hernandez was scheduled to earn $19.5 million in 2013 and $20 million in ’14. Instead, his new contract will take effect...
Seattle Mariners pitcher Felix Hernandez just became an extremely wealthy man. According to USA Today, Felix and the Mariners agreed to a 7-year, $175 million deal earlier today. The deal will make Hernandez the highest paid pitcher in MLB history. Hernandez was scheduled to earn $19.5 million in 2013 and $20 million in ’14. [...]
Seattle Mariners fans were wondering what would become of their favorite pitcher, Felix Hernandez. If the news that is spreading around the world of baseball is true, then King Felix will be getting a five year contract extension worth $135.5 million. The earlier reports of a seven year deal worth around $175 million were false.
The Mariners website has not confirmed any deal between...
The Seattle Mariners signed franchise ace Felix Hernandez to a 5-year, $135-million extension this week. It’s a lot of money, and it could be argued perhaps that the Mariners overpaid. It’s a weak argument. Hernandez is worth every penny. Give credit to GM Jack Zduriencik for trying to breathe life into a franchise [...]
The Seattle Mariners really want to hold onto Felix Hernandez for as long as possible. I mean if the seven-year/$175 million contract they agreed to doesn’t say that, then I don’t know what does. According to sources, the deal will be finalized before Spring Training, and he will become the highest-paid pitcher in MLB history with regard to average annual value and total value...
The Seattle Mariners extended Felix Hernandez‘s contract on Thursday and many St. Louis Cardinal fans reacted quickly, feeling Adam Wainwright‘s price tag just went up. The problem with that thought is simple, Hernandez is no Wainwright, he’s much, much better.
Hernandez agreed to a deal that will keep him in Seattle for a reported financial windfall to the tune of seven...
Towards the end of the 2005 season, the Seattle Mariners had very little to be hopeful about. Despite much success around the turn of the century, it was clear that their run was ending. Names like Edgar Martinez, John Olerud, Kaz Sasaki, and Brett Boone were no longer on the club.
Enter the King.
With a couple months left to go in the season, the Mariners debuted a 19-year...