The Mariners and Felix Hernandez have been pursuing a contract extension and are close to a new deal, but a baseball source said Thursday that a report by USA Today that the right-hander has agreed to a seven-year, $175 million contract is not accurate.
The Mariners have no announcement of a Hernandez contract extension planned at this time, according to a club spokesman.
Bob Nightengale of USA Today reported that an anonymous source who was "familiar with the contract details" indicated a deal would be finalized before Spring Training that would make Hernandez the highest-paid pitcher in Major League history with an average annual contract value of $25 million.
Mariners pitchers and catchers are scheduled to report to camp Tuesday in Peoria, Ariz.
Hernandez is already scheduled to make $19.5 million this coming season and $20 million in 2014 in the final two years of a five-year, $78 million contract he signed in 2010.