Mar 27, 2014, 8:10 PM EST
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.
Dec 22, 2014, 5:07 PM EST
“It’s too soon to know if Scutaro will ever take the field again.”
Dec 22, 2014, 4:49 PM EST
I got, like, 17 guys I’d put in. But I’ll pretend I can only pick ten.
Dec 22, 2014, 2:49 PM EST
Another comeback attempt in San Diego.
Dec 22, 2014, 2:37 PM EST
And it looks weird. But then again, everything looks weird there, doesn’t it?
Dec 22, 2014, 2:08 PM EST
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.
Dec 22, 2014, 12:44 PM EST
The Pirates have 30 days to reach an agreement with Kang or else he goes back to his KBO team.
Dec 22, 2014, 12:16 PM EST
Bell was an All-Star as recently as 2011.
Dec 22, 2014, 11:54 AM EST
The ultimate minor league “where are they now?”
Dec 22, 2014, 10:47 AM EST
“You see what’s going on, but …”
Dec 22, 2014, 10:34 AM EST
Who will tell us that they’re “takin’ it one game at a time” now?!
Dec 22, 2014, 10:15 AM EST
Dec 22, 2014, 9:04 AM EST
He’ll be under team control through 2019.
Dec 22, 2014, 8:41 AM EST
Taped baseballs and Yankees fans.
Dec 22, 2014, 7:49 AM EST
Understated, it is not.
Dec 21, 2014, 11:10 PM EST
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.
Dec 21, 2014, 10:21 PM EST
Wil Ledezma will attempt to return to the major leagues with the Twins after signing a minor league deal.
Dec 21, 2014, 9:55 PM EST
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.
Dec 21, 2014, 8:50 PM EST
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.
In which someone describes A-Rod, B.J. Upton and Ryan Howard as potential offensive options for a team
Dec 21, 2014, 7:45 PM EST
This needs to happen, people.
George Steinbrenner’s foundation will pay for the education of the children of the slain NYPD officer
Dec 21, 2014, 6:50 PM EST
The Silver Shield Foundation has done so for 32 years.
- My Imaginary Hall of Fame Ballot 1
- Phil Hughes signs a three-year extension with the Twins 20
- The Padres have talked to the Phillies about Cole Hamels 23
- Why is John Smoltz a shoo-in for the Hall of Fame? 62
- Phillies GM told Ryan Howard they’d be better off “not with him but without him” 85
- Trea Turner’s agent is unhappy his client is in limbo after trade to Nationals 48
- Nexen Heroes accept Jung-Ho Kang posting fee from unidentified MLB team 37
- Giants acquire Casey McGehee from the Marlins 16
- Bud Selig will get a $6 million a year pension. Which is obscene. (145)
- The United States will seek to normalize relations with Cuba (144)
- Rays, Padres, Nationals agree to 11-player trade (97)
- Chase Headley signs a four-year deal with the Yankees worth at least $52 million. (95)
- St. Petersburg City Council votes down deal to allow Rays to look for new stadium site (90)