Mar 27, 2014, 8:10 PM EDT
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.
May 25, 2015, 6:09 PM EDT
Brewers manager Craig Counsell said today that right-hander Wily Peralta will miss at least four weeks with an oblique strain.
May 25, 2015, 5:00 PM EDT
When I think solemn remembrance of the military dead, I definitely think John Kruk and Curt Schilling in weird jerseys.
May 25, 2015, 4:00 PM EDT
Dodgers fans have been through this before, but hope is hope.
May 25, 2015, 3:55 PM EDT
Loney was hitting .275 with two homers and a .698 OPS in 30 games.
May 25, 2015, 3:30 PM EDT
He thinks it’s silly that guys are risking 8-10 game suspensions for doing something everyone does and everyone thinks is sensible.
May 25, 2015, 3:15 PM EDT
Ishikawa started (out of position in left field) for the Giants during last year’s World Series-winning playoff run.
May 25, 2015, 2:48 PM EDT
May 25, 2015, 2:30 PM EDT
“Don’t they want to win a championship?”
May 25, 2015, 2:10 PM EDT
Doolittle is coming back from a partially torn rotator cuff.
May 25, 2015, 1:47 PM EDT
Last time he started in left field and batted fifth for the Rangers? July 27, 2010.
May 25, 2015, 1:15 PM EDT
It might be too little too late for the A’s considering their 16-30 record.
May 25, 2015, 1:00 PM EDT
The world of illlllluuuuuusion
May 25, 2015, 12:40 PM EDT
Playing through the injury did not work at all.
May 25, 2015, 12:00 PM EDT
Mike Scioscia ran Mike Napoli out of Anaheim. Napoli has beaten the hell out of the Angels ever since.
May 25, 2015, 11:14 AM EDT
I guess he was too obvious about it.
May 25, 2015, 10:41 AM EDT
Initially the Royals planned to merely push back Duffy’s next start.
May 25, 2015, 9:49 AM EDT
“My arm feels fine, my body feels fine.”
May 25, 2015, 8:10 AM EDT
Do what you’d like this Memorial Day. Wave a flag. Protest a war. Get great deals at Mattress Wholesalers’ Crazy Memorial Day Sale. But remember that Memorial Day simultaneously is about none of those things and allows for all of those things.
May 24, 2015, 11:35 PM EDT
The struggling Athletics got a scare on Sunday when Sonny Gray was hit by a comebacker, but he’s expected to make his next start.
May 24, 2015, 10:25 PM EDT
Veteran shortstop Jose Reyes will return to the Blue Jays on Monday after dealing with a cracked rib.
- Reds finally shut down Devin Mesoraco seven weeks after hip injury, surgery may be needed 4
- Mike Napoli continues to kill the Angels 5
- Brian Matusz suspended eight games for a foreign substance 11
- Settling the Scores: Memorial Day Edition 55
- Giants designate Casey McGehee for assignment 25
- Yan Gomes returns to the Indians’ lineup after missing six weeks with a sprained right knee 0
- Marlins jump in Clevelander pool after snapping losing streak 22
- Settling the Score: Saturday’s results 19
- And That Happened: Wednesday’s scores and highlights (133)
- Bryce Harper on Marvin Hudson ejection: “I don’t think 40,000 people came to watch him ump” (132)
- Bryce Harper ejected for second time in a week (122)
- GM Dan Jennings to be named the Marlins new manager. And it’s a terrible idea. (111)
- And That Happened: Tuesday’s scores and highlights (101)