Apr 2, 2014, 10:47 AM EDT
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.
- Rangers activate Josh Hamilton from disabled list, send prospect Joey Gallo to Triple-A 10
- Huston Street says he’d retire if he was used like a 1970s-style fireman 46
- CC Sabathia looks like a reliever 25
- And That Happened: Monday’s scores and highlights 58
- AL All-Star voting update: now “only” five Royals in the starting lineup 59
- Andy MacPhail introduced by the Phillies. And the first topic of conversation is sabermetrics 20
- What a world: Orioles are in first place and Ubaldo Jimenez has been their ace 16
- Settling the Scores: Sunday’s results 99
- With the same-sex marriage decision, the San Francisco Giants get another big win (275)
- Joe Maddon is the latest manager to rip instant replay. He’s got a point. (109)
- Settling the Scores: Sunday’s results (99)
- And That Happened: Wednesday’s scores and highlights (75)
- There was a super ump show in Chicago yesterday (75)