Skip to content

UPDATE: Miguel Cabrera, Tigers agree to extension; will make $292M over next 10 years

Mar 27, 2014, 8:10 PM EST

Miguel Cabrera AP

UPDATE: CBS Sports’ Jon Heyman reports that the deal includes two vesting options valued at $30 million each. If Cabrera maxes out the deal, he could make as much as $352 million over 12 years.

6:56 p.m. ET: The new money in the deal works out to eight years and $248 million, per FOX Sports’ Jon Paul Morosi. That’s an AAV (average annual value) of $31 million, which would surpass Clayton Kershaw for the highest in baseball history.

The total commitment over the next 10 years will be around $292 million. That figure was first floated by Chris Cotillo of MLB Daily Dish.

6:37 p.m. ET: According to ESPN’s Jerry Crasnick, the extension will be for 10 years and just under $300 million. The deal includes the two years remaining on Cabrera’s current contract and eight additional years. It will take him through 2023 and his age-40 season.

Cabrera was set to make $44 million from 2014-2015, so depending on the structure, the deal could include around $250 million in new money. That would put him in the stratosphere of the two Alex Rodriguez contracts ($275 million and $252 million), which are the richest in baseball history. Albert Pujols and Robinson Cano ($240 million) are tied for third.

6:15 p.m. ET: FOX Sports’ Jon Paul Morosi reports that the new deal will add at least six years on to Cabrera’s current contract, which is set to expire after 2015. He will receive an AAV (average annual value) of around $30 million in those six years, which means that the Tigers’ commitment to Cabrera over the entire eight-year span will be at least $224 million. We should know more soon.

6:06 p.m. ET: CBS Sports’ Jon Heyman reports that the Tigers and Cabrera have reached agreement on an extension. It’s believed to be for at least seven years.

FOX Sports’ Jon Paul Morosi hears that the AAV (average annual value) is expected to be around $30 million, which would be a new record for a position player. If these reports are accurate, we’re likely looking at a guarantee of at least $210 million.

5:30 p.m. ET: Detroit may have missed its chance to extend Max Scherzer‘s contract before he hits the open market, but Jon Heyman of CBSSports.com reports that the Tigers are close to a long-term contract extension with two-time MVP Miguel Cabrera.

Cabrera has two more seasons remaining on an eight-year, $152 million deal, with $22 million salaries owed in 2014 and 2015, but so far at least there’s no word on the specifics of the extension.

This is Cabrera’s age-31 season and he followed up winning the traditional Triple Crown in 2012 by winning the sabermetric Triple Crown last season, leading the league in batting average, on-base percentage, and slugging percentage. Combined over the past four seasons he hit .337 with a 1.037 OPS while averaging 39 homers, 40 doubles, 88 walks, and 127 RBIs.

Albert Pujols’ ten-year, $240 million deal with the Angels and Joey Votto‘s ten-year, $225 million deal with the Reds would seemingly be pretty good starting points for a Cabrera extension and it’s tough to imagine him getting less than $200 million considering Prince Fielder got $214 million from the Tigers as a free agent two offseasons ago.

Latest Posts
  1. Marco Scutaro needs back surgery, career may be over

    Dec 22, 2014, 5:07 PM EST

    Marco Scutaro Reuters Reuters

    “It’s too soon to know if Scutaro will ever take the field again.”

  2. My Imaginary Hall of Fame Ballot

    Dec 22, 2014, 4:49 PM EST

    Randy Johnson Dbacks

    I got, like, 17 guys I’d put in. But I’ll pretend I can only pick ten.

  3. Padres re-sign Josh Johnson

    Dec 22, 2014, 2:49 PM EST

    San Diego Padres Photo Day Getty Images

    Another comeback attempt in San Diego.

  4. They’re playing a football game in Marlins Park

    Dec 22, 2014, 2:37 PM EST

    Houston Astros v Miami Marlins Getty Images

    And it looks weird. But then again, everything looks weird there, doesn’t it?

  5. Doc Gooden: “Letter to my Younger Self”

    Dec 22, 2014, 2:08 PM EST

    Doc Gooden

    We could probably all write one of these. But ours would be a lot less useful to our younger selves than Doc Gooden’s is to his younger self.

  6. The Pirates win the bidding for Jung-Ho Kang

    Dec 22, 2014, 12:44 PM EST

    jung-ho kang getty Getty Images

    The Pirates have 30 days to reach an agreement with Kang or else he goes back to his KBO team.

  7. Nationals sign Heath Bell

    Dec 22, 2014, 12:16 PM EST

    heath bell getty Getty Images

    Bell was an All-Star as recently as 2011.

  8. Revolution, expropriation and the Havana Sugar Kings

    Dec 22, 2014, 11:54 AM EST

    Sugar Kings

    The ultimate minor league “where are they now?”

  9. Troy Tulowitzki gets trade rumor updates from the Rockies

    Dec 22, 2014, 10:47 AM EST

    Troy Tulowitzki AP

    “You see what’s going on, but …”

  10. I wish Marshawn Lynch played baseball

    Dec 22, 2014, 10:34 AM EST

    Screen Shot 2014-12-22 at 10.34.03 AM Getty Images

    Who will tell us that they’re “takin’ it one game at a time” now?!

  11. Phil Hughes signs a three-year extension with the Twins

    Dec 22, 2014, 9:04 AM EST

    Phil Hughes AP

    He’ll be under team control through 2019.

  12. “Baseball love, Cuban style”

    Dec 22, 2014, 8:41 AM EST

    Cuba

    Taped baseballs and Yankees fans.

  13. Wanna buy John Lackey’s House?

    Dec 22, 2014, 7:49 AM EST

    Screen Shot 2014-12-22 at 7.38.07 AM

    Understated, it is not.

  14. Padres planning to hang on to their recently-acquired outfielders

    Dec 21, 2014, 11:10 PM EST

    wil myers getty Getty Images

    Wil Myers was rumored to be a potential target for the Phillies in a trade involving Cole Hamels, but it turns out the Padres plan to hang on to him.

  15. Twins sign Wil Ledezma to a minor league deal

    Dec 21, 2014, 10:21 PM EST

    Wil Ledezma Getty Images

    Wil Ledezma will attempt to return to the major leagues with the Twins after signing a minor league deal.

  16. Giants’ training staff preparing an update on Marco Scutaro

    Dec 21, 2014, 9:55 PM EST

    Marco Scutaro Reuters Reuters

    Marco Scutaro’s 2014 season was tarnished by a chronic back ailment. The Giants’ training staff is preparing an update on the 39-year-old and it may not be good news.

  17. Rob Refsnyder, Jose Pirela to compete for Yankees’ second base job

    Dec 21, 2014, 8:50 PM EST

    Jose Pirela Jose Pirela

    If spring training were to start today, Yankees GM Brian Cashman would have Rob Refsnyder and Jose Pirela compete for the starting job at second base.

Featured video

Cubs shore up rotation with Jon Lester
Top 10 MLB Player Searches
  1. W. Myers (5727)
  2. M. Kemp (3224)
  3. J. Kang (3100)
  4. C. McGehee (3048)
  5. W. Middlebrooks (3030)
  1. J. Upton (2956)
  2. M. Morse (2288)
  3. A. Rios (2083)
  4. J. Peavy (2021)
  5. J. Shields (1973)