Feb 7, 2013, 2:31 PM EST
Bob Nightengale of USA Today reports that Felix Hernandez and the Mariners have agreed to a seven-year, $175 million contract extension. The contract will make him the highest paid pitcher in baseball history, both in overall contract and in average annual value.
The Mariners will tear up his current deal, which was to pay him $19.5 million this year, and replace it with the new one. It will pay him, on average, $25 million a year through 2019. It’s not known yet if the contract amount increases over time or if it’s a flat $25 million a year.
Hernandez is 98-76 with a 3.22 ERA and 1,487 strikeouts and 480 walks in 1620.1 innings across eight seasons. But of course, he still doesn’t turn 27 until April. This deal, therefore, only take him into his age 34 season. If he holds up physically, he may get another sizable deal before he’s through.
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Yankees agree to seven-year, $153M contract with free agent outfielder Jacoby Ellsbury (160)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (110)