Cole Hamels will remain with the Philadelphia Phillies.
The left-hander is close to completing a six-year contract extension for more than $137.5 million, according to major-league sources.
The deal will be the second largest ever awarded to a starting pitcher, trailing only the seven-year, $161 free-agent contract that left-hander CC Sabathia signed with the New York Yankees on Dec. 11, 2008.
By signing the contract, Hamels will ensure that he will not be traded before non-waiver deadline Tuesday at 4 p.m. ET, remaining with the team that made him the 17th overall pick in the 2002 draft.
Milwaukee Brewers right-hander Zack Greinke, who pitched well Tuesday night in Philadelphia after an 11-day layoff, will now become the biggest prize on the trade market.
This is bleak news considering the Cubs want to gut our farm system for a two-month rental of Ryan Dempster. The Dodgers have finally run into money when everyone else wants prospects.
UPDATE: Official numbers are six years, $144 million.