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Heyman: King Felix has no interest in four-year deal

Jan 26, 2013, 7:00 PM EDT

Felix Hernandez Getty Images

FOXSports.com’s Ken Rosenthal reported earlier in the week that the Mariners were considering offering Felix Hernandez a four-year, $100 million extension that would kick in after his current deal expires and cover the 2015-18 seasons. But if they were still weighing the possibility, CBS Sports’ Jon Heyman says they might as well forget it:

Foxsports.com reported a few days ago that the Mariners were thinking about a four-year extension for $25 million a year, and while it’s not known whether such an offer has been made or even suggested yet, indications from people familiar with the discussions are that such a proposal would be a non-starter for the starter generally considered one of the best two or three in the game.

Heyman says it’d take a six-year offer to get Hernandez to the table now. But that wouldn’t make much sense for Seattle. The only reason to extend him this winter, when he still has two years left on his deal, is if he’d be willing to give them a discount. Since it seems that’s not in the cards, the Mariners should let 2013 play out and then try to hammer out something next winter.

Hernandez is due $39.5 million over the next two seasons before he becomes eligible for free agency after the 2014 campaign. That could be a huge winter if both Hernandez and Justin Verlander make it to free agency, but chances are that one or both will sign extensions before then.

  1. hojo20 - Jan 26, 2013 at 7:19 PM

    That $100m offer is rather generous.

    • dcfan4life - Jan 27, 2013 at 1:12 PM

      Its not the offer its the years. He wants more years, since baseball contracts are fully guaranteed. If he takes this deal he will be 32 years old the next time hes a free agent. He is in his prime now, so he wants the longest term deal he can get.

      • hojo20 - Jan 27, 2013 at 1:28 PM

        Well it’s still 2 years before free agency, I’m thinking that if he has elbow/shoulder problems in 13 or 14, the money might not be the same when his contract expires.

  2. thatswhatsgooood - Jan 26, 2013 at 7:35 PM

    WOW paying a guy $100 million over 4 years for production that isn’t even guaranteed. Sometimes you just have to sit back and wonder how the hell professional sports ever came to this? That money could feed a lot of mouths.

  3. flosox - Jan 26, 2013 at 7:40 PM

    TIME VALUE MONEY!!!!!!

    $100MM over 4 years is RE-DONKULOUS!!

    • historiophiliac - Jan 26, 2013 at 9:37 PM

      I think it depends on your donk.

  4. flosox - Jan 26, 2013 at 7:48 PM

    Ok. Just thought about this. That offer is crazy awesome, but the dodgers are throwing money away like its a bachelor party.

    Dudes probably gonna get the highest AAV in MLB history.

    FML!!

  5. papacrick - Jan 26, 2013 at 7:59 PM

    I think Verlander will have something to say about that. However, Felix should come in a close second

    • uyf1950 - Jan 26, 2013 at 8:19 PM

      Not so sure about that. The biggest difference is Verlander will be 32 years old for the start of the 2015 season when he is a FA. Hernandez will be 29 years old for the start of the 2015 season when he becomes a FA. That could make a pretty big difference in at the very least the amount of years each player is offered. the dollars on a per year basis should be very comparable.

      • historiophiliac - Jan 26, 2013 at 9:39 PM

        It also may depend on whether the Crypt Keeper is still around, but neither team would be very smart to let it get to that point.

      • cackalackyank - Jan 26, 2013 at 10:06 PM

        Agreed, assuming Felix continues to be healthy,he really could get 6/27. Verlander, however, would seem to be looking at a four year deal max.

  6. echech88 - Jan 26, 2013 at 8:28 PM

    I’d spit on a 4 year extension too if I just watched an inferior pitcher in Greinke get $150M

    • danrizzle - Jan 27, 2013 at 3:14 PM

      I don’t know, a 4 year extension at $100MM that wouldn’t begin until two years from now, during which time he’ll make $41MM, doesn’t sound too bad. A hell of a lot can go wrong in two years for a pitcher with that many innings. And if everything goes fine, he’ll still be in his early thirties when he finishes that contract, leaving plenty of upside on the tail end of the extension. $100MM isn’t close to market value if he were a FA of course, but it’s a lot to turn down when you’re two years away from it even starting. Biggest reason not to take it I think would be if he doesn’t want to stay in Seattle.

  7. isaiahforreal - Jan 26, 2013 at 8:30 PM

    ^^^this

  8. jwbiii - Jan 26, 2013 at 8:30 PM

    $25M AAV is very much in line with what Greinke, Sabathia, Hamels, and Lee have signed for recently. All of them got more than four years.

    • historiophiliac - Jan 26, 2013 at 9:40 PM

      And none of them are in the same class as King Felix.

    • cackalackyank - Jan 26, 2013 at 10:09 PM

      …and Lee had already had some physical issues.

    • bolweevils2 - Jan 28, 2013 at 12:28 PM

      The all got more than 4 years, but this 4 years is in addition to the 2 years he’s already signed for. So the Mariners are committing to him for the next 6 seasons. What more can you ask?

      To me, the possible upside of waiting and getting a contract through, say, 2020 at a slightly higher rate, might get him $60M more, minus whatever he’d be able to sign for the 2019-20 seasons if he took the extension. So he might gain $20M on the upside.

      The downside is, he could get hurt and never see big money again, so it might coast him $80M if he passes on the Mariners offer. So the downside is worse than the upside is good.

  9. randygnyc - Jan 26, 2013 at 11:07 PM

    Why should Felix sign for only for years and then have to look for another contract in his declining years, when any other team will give him 6-7 years without a hometown discount. And play on a contender?

    • hardballtalkusername - Jan 27, 2013 at 1:44 AM

      If I could, I would give you four thumbs down for failing to use four correctly.

  10. studyandwrite - Jan 27, 2013 at 1:05 AM

    with the new t.v. revenue you might find him with the 6-7 year at 30 million, giving thought to this years contracts for pitchers.

  11. iamjimmyjack - Jan 27, 2013 at 1:51 AM

    Kershaw is the second best pitcher in the game. Felix is 3rd maybe…

    • historiophiliac - Jan 27, 2013 at 11:06 AM

      No.

  12. losanginsight - Jan 27, 2013 at 2:07 AM

    future Dodgers #2 and #3 pitchers

  13. xjokerz - Jan 27, 2013 at 4:22 AM

    Tigers won’t be losing Verlander to free agency. Please don’t put mr illitch the tigers owner in the same lower level crap the mariners owner is in

  14. tc4306 - Jan 27, 2013 at 6:06 AM

    I’ll take Verlander, Kershaw, Strasburg, Price and Hernadez for my rotation. You can order them however you want.

  15. uyf1950 - Jan 27, 2013 at 9:41 AM

    The FA class of 2015 should be very, very interesting IF (and that’s a big if) these 3 pitchers don’t get signed by their current teams before then:

    Clayton Kershaw – will be 27 years old to start the 2015 season
    Felix Hernandez – will be 29 years old to start the 2015 season
    Justin Verlander – will be 32 years old to start the 2015 season

    • number42is1 - Jan 27, 2013 at 10:53 AM

      I’ll take one of each. where do i check out?

    • paperlions - Jan 27, 2013 at 11:55 AM

      The only one that seems to have a good chance of hitting FA is Felix, and I think that is only if he doesn’t like the direction of the franchise. I rather doubt that Hernandez is concerned about the money/contract as much as he is about being on a competitive team. He has 2 years to see how the franchise evolves before making a decision.

  16. edelmanfanclub - Jan 27, 2013 at 12:23 PM

    I wish my talents were so good I could balk at 25,000,000 annually. But, they aren’t. In Felix’s case his free agency will be like when Peyton Manning was a free agent last year. Except more coveted since Manning had that neck injury and Felix is younger and plays baseball not football. 7 years: 210,000,000 could be the deal. Thats a “King’s Ransom”.

  17. hansob - Jan 27, 2013 at 2:10 PM

    wait. he wants them to go FURTHER out than 2018 on a contract? The history of MLB is littered with top 10 pitchers who blew out their arms (Brandon Webb, Jason Schmidt, Jake Peavy, Johan Santana come to mind as recent examples). The fact that they are willing to give him something pretty close to a fair market annual salary that far into the future is pretty generous to me.

    • studyandwrite - Jan 27, 2013 at 9:36 PM

      give thought to health insurance. lloyds of london is the agency providing long term health insurance for an athletes’ cntract, and perhaps there are others.

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