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.
- Settling the Score: Friday’s results 0
- Josh Hamilton’s teammates say he’s in great shape and ready to play 4
- Mike Trout hit his 100th career home run to become the youngest member of the 100 HR/100 SB club 20
- Make that two: Alex Rodriguez hits second homer of the night, giving him 658 for his career 38
- Alex Rodriguez hit his 657th career home run 48
- Let’s all just stare at Kris Bryant’s numbers for a while 28
- And That Happened: Thursday’s scores and highlights 39
- The wait is over: The Cubs are calling up top prospect Kris Bryant on Friday 99
- The Commissioner’s Office thinks that the Angels could indeed go after Josh Hamilton under his contract (153)
- “Why Ted Cruz is like the Atlanta Braves” (150)
- “We no longer need the terrorists. We’re now so good at terrorizing ourselves.” (143)
- Another argument in favor of making the DH universal (127)
- When it comes to Josh Hamilton, Arte Moreno is a craven opportunist, not a “smart businessman” (116)