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Miguel Cabrera will get $2 million for MVPs and $1 million for Triple Crowns

Apr 2, 2014, 10:47 AM EST

Miguel Cabrera AP

As part of his new eight-year, $253 million extension with the Tigers reigning back-to-back MVP Miguel Cabrera has bonuses for winning the award again or capturing another Triple Crown in the future.

Via the Associated Press, beginning in 2016 his contract will pay an additional $2 million for each MVP award and another $1 million for each Triple Crown, which is leading the league in batting average, home runs, and runs batted in.

So, if the deal would have been in place previously Cabrera would have been in line for an extra $3 million in 2012 and $2 million in 2013. Interestingly, he won the so-called sabermetric Triple Crown in 2013 by leading the league in batting average, on-base percentage, and slugging percentage, but the Tigers didn’t put any bonuses for that into the extension.

MVP voting will also have an impact on the 2024 and 2025 team options in his contract, because they kick in for $30 million each season if he finishes among the top 10 vote-getters the previous year. All of which means baseball writers with MVP votes have the ability to make Cabrera a whole bunch of extra money, particularly since a top-10 finish typically only requires a few up-ballot votes. Of course, who knows what the MVP voting process will look like come 2025. By that point they might just let Mike Trout pick a winner each year.

  1. renaado - Apr 2, 2014 at 10:59 AM

    Is that not part of Cabrera’s payroll?

  2. sabathiawouldbegoodattheeighthtoo - Apr 2, 2014 at 11:16 AM

    Glad to hear it. I have been worrying that he wouldn’t have the funds he needs.

  3. Professor Fate - Apr 2, 2014 at 11:20 AM

    So he now has the incentive to slip some sportswriters a couple thousand in order to cash in.

  4. 18thstreet - Apr 2, 2014 at 12:10 PM

    I say this as someone who believes players are entitled to every last dime they ring out of the owners’ pockets.

    DOES A $30 MILLION SALARY NOT ASSUME MVP-TYPE PERFORMANCE? ARE THEY REALLY WILLING TO PAY HIM $30 MILLION TO *NOT* WIN THE MVP?

    Sheesh.

    • infieldhit - Apr 2, 2014 at 1:25 PM

      I guess these “incentives” are commonplace for big contracts like this, but, yeah, they make more sense for reclamation projects and such. For these older top-of-the-line guys, I think deductions would make more sense. Like, if you fall off the proverbial cliff, we get to reduce your pay.

      It just seems off that a guy might earn more as a mere bonus than an equally productive kid might make in total.

    • historiophiliac - Apr 2, 2014 at 1:44 PM

      You know, the Phillies paid Delmon Young incentives to get/stay in playing shape.

      • 18thstreet - Apr 2, 2014 at 2:25 PM

        The Red Sox paid Curt Schilling to keep his weight down. When he got hurt, he was unable to do it.

      • historiophiliac - Apr 2, 2014 at 2:27 PM

        Geez, it’s like everyone gets a contract with the Judy Garland rider around here. Sheesh.

  5. paperlions - Apr 2, 2014 at 1:06 PM

    No body would ever refer to BA as part of a “sabermetic” triple crown. It could include OBP and SLG, but anyone that even has a passing familiarity with sabermetrics would prefer normalized stats (i.e. that account for league and park effects).

  6. beelza - Apr 2, 2014 at 1:24 PM

    $292 million/10 years … He’s still underpaid. Think about tuition costs and inflation in 18 years when his kids attend university.

    • infieldhit - Apr 2, 2014 at 1:28 PM

      Or buy a university.

  7. historiophiliac - Apr 2, 2014 at 1:26 PM

    So he missed out on $5 million in bonus money? Dang, that’s like Mike Trout money.

  8. dcarroll73 - Apr 2, 2014 at 5:42 PM

    The MVP award has about as much validity as the HoF vote, but I understand that is permitted under the CBA. I am confused about the Triple Crown incentive. It was my understanding that it was not allowed to pay based on performance measures so that you could not give a player $x million if he hit .300. If I am correct on that, how is it OK to pay the guy more for leading his league in 3 such measures?

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