I mentioned yesterday that Felix Hernandez had been hoping for a long-term deal rather than the renewal he received. Apparently the Mariners do not consider it too early to talk – the Tacoma News Tribune reports that the Mariners are "deep in negotiations on a long-term deal" with Felix’s agent.
Both sides should be happy with four years and $10MM guaranteed, with a fifth year option. The Ms should pounce if Felix’s agent is anywhere in this ballpark.
I’ve projected a 3.39 ERA and 1.22 WHIP for Hernandez in my 2007 RotoAuthority Fantasy Guide.