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Phils lock in Hamels at 3 years, $20.5M

Updated: January 18, 2009, 2:19 PM ET
ESPN.com news services

The Philadelphia Phillies have avoided arbitration with World Series MVP Cole Hamels, agreeing with the left-hander on a three-year, $20.5 million contract.

ESPN.com's Jayson Stark reports that the contract will pay Hamels $4.35 million this year, $6.65 million in 2010 and $9.5 million in 2011.

If Hamels wins the Cy Young Award, his base salary would increase by $500,000 the following season. If he places second or third in the Cy Young voting, the contract would increase by ...

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