Jan 5, 2010, 6:40 PM EST
Yes, this Hot Stove drama is over. Jon Heyman of SI.com broke the news just under an hour ago, as Matt Holliday has agreed to a seven-year, $120 million contract with St. Louis. Holliday will receive $17 million per season, according to Matthew Leach of MLB.com, and a no-trade clause.
Holliday appeared on ESPN Radio just a short time ago confirming the signing, saying that it’s actually for $119 million, but there is some language that could push it to $120 million. But hey, what’s a million between friends? Either way, it’s the biggest contract in club history.
“I felt like it was a good fit for me an my family,” Holliday said on
the Doug Gottlieb show on ESPN. “I’m going back to the Cardinals. It
was very appealing to me. This has been a bit of a long process. There
are some emotional ups and downs that go with it. It hasn’t exactly
been a walk in the park.”
It’s not quite Mark Teixeira-money, but Scott Boras got his client over the $100 million threshold and then some. Likewise, it’s an important statement by the Cardinals organization, as they attempt to keep Albert Pujols in the fold after his current contract expires at the end of the 2011 season.
Some will wonder what other legitimate offers Boras actually had on the table for his client since the Mets clearly preferred Jason Bay all along, but in the end both sides needed each other too much for this not to happen.
- Report: Two agents rumbled in the parking lot at the Winter Meetings 20
- Mets sign 40-year-old Bartolo Colon for two years, $20 million 38
- MLB rules committee decides to eliminate collisions at home plate 45
- Mariners sign Corey Hart to incentive-laden deal 27
- David Price would not consider an extension with the Mariners if he’s traded there 35
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (113)
- Managers, GMs to meet today to discuss the abolition of home plate collisions (113)