AP source: Felix Hernandez on verge of 7-year, $175M deal with Seattle Mariners

Seattle Mariners pitcher Felix Hernandez delivers a pitch Seattle Mariners pitcher Felix Hernandez delivers a pitch during a game against Los Angeles Angels of Anaheim at Safeco Field. (Sept. 1, 2012) Photo Credit: Getty

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SEATTLE -- Felix Hernandez and the Seattle Mariners are working on a $175 million, seven-year contract that would make him the highest-paid pitcher in baseball, according to a person with knowledge of the deal's details.

The person spoke to The Associated Press Thursday on condition of anonymity because the agreement has not been completed. USA Today first reported the deal.

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Seattle would add $134.5 million of guaranteed money over five years to the contract of the 2010 AL Cy Young Award winner, whose current agreement calls for him to receive $40.5 million over the next two seasons.

Hernandez's total dollars would top CC Sabathia's original $161 million, seven-year contract with the New York Yankees and his $25 million average would surpass Zack Greinke's $24.5 million under his new contract with the Los Angeles Dodgers. Hernandez's new money would average $26.9 million over five years.

If the deal is finalized, it would leave Detroit's Justin Verlander and the Dodgers' Clayton Kershaw as the most attractive pitchers eligible for free agency after the 2014 season.

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