Nov 26, 2012, 7:00 PM EDT
The Rays announced earlier today that they have locked up third baseman Evan Longoria through at least 2022 with a six-year, $100 million extension. The new agreement incorporated his previous contract, which included club options from 2014-2016, and will guarantee him $133.6 million over the next 10 seasons.
Courtesy of Marc Topkin of the Tampa Bay Times, here is the year-by-year breakdown:
2013: $6 million
2014: $7.5 million
2015: $11 million
2016: $12.1 million (previous deal called for Longoria to make $11.5 million)
2017: $13 million
2018: $13.5 million
2019: $14.5 million
2020: $15 million
2021: $18.5 million
2022: $19.5 million
2023: $13 million club option (plus incentives) or a $5 million buyout
Longoria will also receive a $1 million signing bonus. The extension could take him through his age-37 season, so it potentially sets him up to be a member of the Rays for his entire career. While the new agreement doesn’t include a no-trade clause, he would be paid a $2 million “assignment bonus” if he is traded.
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