Cole Hamels Signs with the Dodgers for $1 Million (+$200K Per Start)

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Cole Hamels Signs with the Dodgers for $1 Million (+$200K Per Start)

Chicago Cubs

Old friend alert!

Cole Hamels, who has been rehabbing a shoulder injury all year, has finally signed a new deal, and it’s kind of a big one – financially and competitively. Good for him.

Not only does Hamels get $1 million guaranteed (for, what, a third of the season?), he also gets an additional $200K per start. If everything goes well, he could get maybe 6-7 starts (optimistically?) before the year is up, which could be another $1-$1.4M. Add that all up and you’re talking something between $2-3M for two months, or a $6M-$7M one-year deal prorated over a full year … for a 37-year-old starter who basically hasn’t pitched since his time with the Cubs in 2019!

If you remember back, Hamels actually signed a pretty large one-year, $18M deal with the Braves last season but managed just 3.1 IP because of his shoulder injury. But he worked hard to get back, showed out at his showcases, and found the deepest pocket team in MLB, who happens to have serious needs in the rotation. Again, good for him.

According to Jon Heyman, Hamels has already passed his physical and is already at the Dodgers complex in Arizona building up some arm strength. It’s not yet clear when he’ll join the team, but I’m sure it won’t take too long.

Note: Cole Hamels will be postseason eligible, as he is officially with the organization before September 1st.

Author: Michael Cerami

Michael Cerami covers the Chicago Cubs, Bears, and Bulls at Bleacher Nation. You can find him on Twitter @Michael_Cerami