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Angels finalize five-year, $125 million contract with Josh Hamilton

Dec 15, 2012, 12:25 PM EDT

Josh Hamilton Getty Getty Images

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.

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