Originally posted on Fox Sports  |  Last updated 7/25/12
Cole Hamels will remain with the Philadelphia Phillies. The left-hander is close to completing a six-year contract extension for more than $137.5 million, according to major-league sources. The deal will be the second largest ever awarded to a starting pitcher, trailing only the seven-year, $161 free-agent contract that left-hander CC Sabathia signed with the New York Yankees on Dec. 11, 2008. By signing the contract, Hamels will ensure that he will not be traded before the non-waiver deadline Tuesday at 4 p.m. ET, remaining with the team that made him the 17th overall pick in the 2002 draft. Milwaukee Brewers right-hander Zack Greinke, who pitched well Tuesday night in Philadelphia after an 11-day layoff, will now become the biggest prize on the trade market. The Texas Rangers were among the teams most eager to acquire Hamels, who was eligible for free agency at the end of the season. The Phillies' signing of Hamels, however, should increase the demand not only for Greinke, b...
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