Seattle Mariners, Felix Hernandez agree to a contract extension fit for a king

The Seattle Mariners and right-handed pitcher Felix Hernandez have reportedly agreed to a contract extension with provisions that will protect the club if he misses a season with elbow problems. was told by Mariners general manager Jack Zduriencik the details of the deal will be officially announced at a press conference Wednesday at 2 p.m. but a source told the website the contract will make him the highest paid pitcher in Major League history is worth seven years and $175 million.

Hernandez current contract has two years and $40.5 million remaining. According to the Seattle Times, a signing bonus will be attached to the extension. So, he will make well more than the $20.7 million he was originally supposed to earn for this season.

The 26-year-old won the 2010 AL Cy Young Award, compiled a 59-40 record with a 2.81 ERA and pitched at least 232 innings in each of the last four seasons. He was offered a spot on Team Venezuela for the upcoming World Baseball Classic but declined the invitation, CBS Sports is reporting.

Categories: Baseball