Phillies GM Ruben Amaro talks about closing the deal to keep Cole Hamels, likes his team the way it's constructed, and doesn't think it's too late to make a run in the NL.

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Hamels' contract is the second-richest ever for a pitcher, trailing only CC Sabathia's seven-year, $161 million contract with the Yankees. The deal will carry an average annual value of $24 million, which equals that of his teammate Cliff Lee.

Hamels will be signed through his age-34 season.