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.
Jan 28, 2015, 10:21 PM EST
Scutaro appeared in just five games last season for the World Series champions due to a back injury that has continued to bother him this offseason.
Jan 28, 2015, 8:59 PM EST
Mejia requested a salary of $3 million from the Mets and was offered $2.1 million when arbitration figures were exchanged on January 16.
Jan 28, 2015, 7:43 PM EST
Teams and players usually come to terms before hearings are needed — thus avoiding any drama — but Richards is a complicated case.
Jan 28, 2015, 6:28 PM EST
It’s the first front office type of job for Carter, who played for six different teams — most famously the Toronto Blue Jays — between 1983-1998.
Jan 28, 2015, 5:15 PM EST
Freese requested $7.6 million and the Angels countered at $5.25 million.
Jan 28, 2015, 4:56 PM EST
One fourth outfielder is being paid $6 million. The other fourth outfielder was not. Go Braves.
Jan 28, 2015, 3:59 PM EST
Wow! I get to use my two favorite cliches in one headline!
Jan 28, 2015, 2:44 PM EST
Gordon Beckham played the first five-and-a-half years of his career for the White Sox before being traded to the Angels in August.
Jan 28, 2015, 2:25 PM EST
No, Johnny Sportswriter. Marshawn Lynch does not owe his job to you quoting him in your local newspaper.
Jan 28, 2015, 12:16 PM EST
Baker was once a solid starting catcher for the Marlins, but he’s been mostly injured for the past five seasons.
Jan 28, 2015, 11:45 AM EST
Blanton called it quits in April after getting released by the Angels and struggling at Triple-A for the A’s.
Jan 28, 2015, 11:33 AM EST
Though, really, since 1987, Al Campanis has been.
Jan 28, 2015, 11:03 AM EST
Dave McKenna of Deadspin looks into the investigation and why it has gone seemingly nowhere.
Jan 28, 2015, 10:50 AM EST
Janssen saved 81 games from 2012-2014.
Jan 28, 2015, 10:15 AM EST
At age 41 he’ll be joining the Marlins in a backup role, playing behind starting outfielders Giancarlo Stanton, Marcell Ozuna, and Christian Yelich.
Jan 28, 2015, 9:00 AM EST
Complications with new regulations may soon be ironed out.
Jan 28, 2015, 6:32 AM EST
Why yes, it is the darkest week of the offseason. Why do you ask?
Jan 27, 2015, 10:50 PM EST
Marc Topkin of the Tampa Bay Times has the update …
Jan 27, 2015, 9:41 PM EST
If you expected new Major League Baseball commissioner Rob Manfred to either expand the DH rule to the National League or eliminate it altogether, you can probably stop now.
Jan 27, 2015, 8:28 PM EST
Dan Connolly of the Baltimore Sun reports that the Orioles have completed a trade for Pirates outfielder Travis Snider. Pittsburgh’s return is a player to be named later and 21-year-old pitching prospect Stephen Tarpley.
- Great Moments in Media Arrogance: Marshawn Lynch edition 137
- Nationals sign former Blue Jays closer Casey Janssen 10
- Ichiro Suzuki’s deal with the Marlins is worth $2 million 31
- Orioles acquire outfielder Travis Snider from Pirates 36
- Not so fast on the Bud Selig Hall of Fame talk 50
- Blue Jays sign president and CEO Paul Beeston to extension through 2015 26
- Reds sign four-year contract extension with Devin Mesoraco 11
- The Yankees are going to try to get out of paying A-Rod his contract incentives 82
- Great Moments in Media Arrogance: Marshawn Lynch edition (148)
- Rob Manfred, new Major League Baseball commissioner, suggests ban on defensive shifts (118)
- Why “Deflategate” would never happen in baseball (94)
- The Yankees are going to try to get out of paying A-Rod his contract incentives (82)
- Comments of the Day: some of you guys aren’t big Bud Selig fans (77)