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.
Jul 5, 2015, 11:05 PM EDT
Jake Marisnick isn’t afraid of the Green Monster.
Jul 5, 2015, 10:25 PM EDT
Hisashi Iwakuma will be activated on Monday. He hasn’t started since April 20.
Jul 5, 2015, 9:35 PM EDT
The Braves designated a pair of veteran relievers for assignment following Sunday’s loss to the Phillies.
Jul 5, 2015, 8:45 PM EDT
The pitching-thin Dodgers will call on Eric Surkamp to start on Monday, it appears.
Jul 5, 2015, 7:48 PM EDT
Find out who made the starting rosters for the AL and NL squads in the 2015 All-Star Game. Spoiler: no Omar Infante.
Jul 5, 2015, 7:45 PM EDT
The Pirates added some depth, claiming Travis Ishikawa off waivers from the Giants on Sunday.
Jul 5, 2015, 6:55 PM EDT
Marcell Ozuna has slumped badly over his last 10 games and will try to figure things out at Triple-A.
Jul 5, 2015, 6:05 PM EDT
Newsday’s David Lennon details how the Mets were close to trading for Manny Ramirez back in 2005.
Jul 5, 2015, 4:15 PM EDT
Strasburg suffered the oblique strain Saturday in his start against the Giants. He had thrown 3 2/3 scoreless innings in that outing and was also sharp in his previous two starts since returning from a trapezius injury.
Jul 5, 2015, 3:02 PM EDT
It looks, at first glance, like another smart rebuilding move for the determined-to-rebuild Phils.
Jul 5, 2015, 1:46 PM EDT
Garcia boasts a 1.69 ERA and 0.88 WHIP in seven starts (48 innings) this season. He’s missed a ton of time to injuries in his career, but most of the major problems have been elbow- and shoulder-related.
Jul 5, 2015, 12:24 PM EDT
Soler wound up missing over a month with a sprained left ankle.
Jul 5, 2015, 11:19 AM EDT
Schoop originally landed on the disabled list on April 18 after being diagnosed with both a PCL tear and MCL strain in his left knee.
Jul 5, 2015, 10:32 AM EDT
Check out this wrap-around style montage of all the July 4 action in Major League Baseball …
Jul 5, 2015, 9:40 AM EDT
Josh Hamilton has a .954 OPS in 10 games with the Rangers. The problem is he’s only played in 10 games.
Jul 5, 2015, 8:53 AM EDT
The best fireworks on July 4 came from the Angels.
Jul 4, 2015, 11:55 PM EDT
Chi Chi Gonzalez posted good results in his first seven major league starts, but he’ll cede his rotation spot to Matt Harrison and head back to Triple-A.
Jul 4, 2015, 11:20 PM EDT
But not even science could master the knuckleball.
Jul 4, 2015, 10:45 PM EDT
Kris Bryant had a monster night at the plate on Saturday against the Marlins.
Jul 4, 2015, 10:26 PM EDT
Jarred Cosart had a rough outing on Saturday and will try to straighten things out at Triple-A.
- AL and NL Starters for the 2015 All-Star Game announced 54
- That time Manny Ramirez nearly became a Met 5
- Phillies acquire No. 1 international signing slot for 2015-2016 from the Diamondbacks 16
- Orioles activate Jonathan Schoop after 10-week absence 8
- Settling the Score: Saturday’s results 38
- Video: Kris Bryant hits a grand slam as part of a two-homer, six-RBI night 8
- Stephen Strasburg exits start with tightness in left side 10
- In the wake of the Miguel Cabrera injury the Tigers have few good options 20
- Settling the Scores: Sunday’s results (99)
- Mike Scioscia says Josh Hamilton should apologize to Angels owner Arte Moreno (90)
- What Yasiel Puig being a pain in the butt means. And what it doesn’t mean. (78)
- Report: Jerry Dipoto “definitely out” as Angels GM (77)
- Brian Dozier is the best second baseman in baseball (72)