Dec 15, 2012, 12:25 PM EDT
FOX Sports’ Ken Rosenthal reports that Josh Hamilton has passed his physical with the Angels, making his new five-year, $125 million contract is official. He’s scheduled to be introduced at a news conference in Anaheim at 2:30 p.m. ET this afternoon.
Per Alden Gonzalez of MLB.com, Hamilton’s contract includes a no-trade clause and is slightly backloaded. He will make $15 million in the first year of the contract.
Hamilton’s $25 million AAV (average annual value) ties him with Ryan Howard for the second-highest in baseball, trailing only Alex Rodriguez‘s $27.5 million AAV. Hamilton’s new teammate Albert Pujols has an AAV of $24 million on his deal.
The addition of Hamilton creates a logjam in the Angels’ outfield which could cause the club to listen to trade offers for Peter Bourjos, Mark Trumbo or Kendrys Morales. The Angels are likely stuck with Vernon Wells, who is owed $42 million over the next two seasons.
- And That Happened: Tuesday’s scores and highlights 0
- Andrew McCutchen departs game versus Cardinals after aggravating injured left rib cage 2
- Mariners extend general manager Jack Zduriencik’s contract 12
- Money, money, money (and Bud Selig’s nirvana) 14
- These days, the correlation between payroll and winning is historically weak 60
- And That Happened: Monday’s scores and highlights 49
- Report: Cubs calling up top prospect outfielder Jorge Soler 40
- Shin-Soo Choo to undergo season-ending bone spur surgery on elbow 13
- The Cubs grounds crew was short staffed because the Cubs were trying to avoid Obamacare (247)
- Forgiveness for Pete Rose? Not in this lifetime (142)
- Cuban outfielder Rusney Castillo to sign with the Red Sox for $72 million (96)
- A pitch clock in Major League Baseball? No thanks. (92)
- Even if he’s reinstated, does Pete Rose make the Hall of Fame? (89)