Source: Padres offer 4-year deal to free-agent right-hander Shields

BY foxsports • February 8, 2015

The San Diego Padres have offered free-agent starter James Shields a four-year contract worth between $72 million and $80 million, a major-league source told FOX Sports. 

Several days ago, sources said Shields had multiple offers in hand and was nearing a decision. It's not clear which teams have offered Shields a contract other than the Padres.

Shields, 33, is the last major free agent left on the open market. He has thrown the most innings in the major leagues over the past eight seasons and is coming off a year in which he posted the third-best ERA+ of his career.

Shields rejected a one-year, $15.3 million qualifying offer from the Kansas City Royals in November. No free-agent pitcher has signed a contract in excess of $50 million after Feb. 1 of a given year.

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