Mar 29, 2014, 3:29 PM EDT
2015: $5.25 million
2016: $15.25 million
2017: $19.25 million
2018: $33.25 million
2019: $33.25 million
2020: $33.25 million
While the Angels surely would have liked to have him for longer, they have to be thrilled that they were able to buy out three free agent years. The deal includes a $5 million signing bonus and Trout will receive a full no-trade clause. The two sides already agreed to a one-year, $1 million deal for 2014 in February, so this new extension will not count toward the team’s luxury tax until 2015. With high-priced names like Albert Pujols and Josh Hamilton already on the payroll, that’s a big deal.
Trout’s extension is the second-largest ever for a player with less than three years of MLB service. Buster Posey still holds the record with his eight-year, $159 million extension with the Giants. However, Trout’s $24.1 million AAV (average annual value) blows away Posey’s $19.875 million AAV.
Trout will be 29 at the end of the extension, which sets him up for another major payday. If he can keep up his current pace, his next deal will likely be the richest in baseball history.
- Mike Minor loses his no-hit bid with two outs in the eighth 4
- Manny Machado to undergo season-ending knee surgery 25
- The Cubs grounds crew was short staffed because the Cubs were trying to avoid Obamacare 219
- Cuban outfielder Rusney Castillo to sign with the Red Sox for $72 million 95
- And That Happened: Thursday’s scores and highlights 31
- The Nationals extend their winning streak to 10 games with another walk-off victory 12
- Garrett Richards out 6-9 months with torn patellar tendon 14
- A pitch clock in Major League Baseball? No thanks. 92
- The Cubs grounds crew was short staffed because the Cubs were trying to avoid Obamacare (219)
- Mike Matheny addresses turmoil in Ferguson: “It’s a sad situation. It’s a tough situation for our city” (127)
- Cuban outfielder Rusney Castillo to sign with the Red Sox for $72 million (95)
- A pitch clock in Major League Baseball? No thanks. (92)
- Even if he’s reinstated, does Pete Rose make the Hall of Fame? (85)