Cabrera to get 10 year/almost $300 million deal

[gobigred]

Tigers, Miguel Cabrera reach deal


Updated: March 27, 2014, 7:31 PM ET

By Jerry Crasnick | ESPN.com

Two-time American League MVP Miguel Cabrera has agreed to terms with the Detroit Tigers on a new 10-year contract that will pay him just under $300 million, a baseball source said.

The new contract, which covers the two years remaining on Cabrera's current deal and eight additional years, is expected to become official later this week, the source said.

CBSSports.com earlier reported Detroit and Cabrera were closing in on an agreement that would make the superstar slugger a Tiger for life.

Cabrera, who turns 31 in April, is an eight-time All-Star in 11 seasons with the Marlins and Tigers. He's a .321 career hitter with 365 home runs.

He's the only major league player with 100 or more RBIs in each of the past 10 seasons, and last year he became the first Tiger to win three consecutive batting titles since Ty Cobb achieved the feat from 1917-1919.

Cabrera's last extension with the Tigers paid him $22 million this year and next year, so the new deal will add eight years and about $250 million to that total.

If the new contract is calculated as a single,10-year entity, it will surpass the 10-year, $275 million contract that Alex Rodriguez signed with the New York Yankees in December 2007 as the largest deal in Major League Baseball history.

The Tigers completed the extension with Cabrera just a few days after talks broke off on a long-term deal with pitcher Max Scherzer, the reigning American League Cy Young award winner.

The Tigers said that Scherzer and his agent, Scott Boras, rejected a long-term offer that would have placed Scherzer among the highest-paid pitchers in the game, while Boras said it was the Tigers who took a pass on a multiyear offer from Scherzer.

Regardless of how the breakdown occurred, Scherzer's negotiations have been tabled. Barring a surprise, he will pitch for Detroit this season and hit the open market as a free agent in November.

Miguel Cabrera, Detroit Tigers agree to 10-year deal worth almost $300 million - ESPN

 

[redseat]

Baseball salaries are getting ridiculous!

 

[Taz_Hokie]

Like I said in the other thread, if it were 5 or 6 years at $30 mill a pop, I'd be more okay with it. I just can't think that he'll be putting up this production when he's in his late 30's.

 

[da55bums]

Tigers just spending with an open check book but still not buying a couple cheap middle relievers...just don't get it.

 

[steveringo]

But he had the best Batting Average for three straight years!!

He is that good!

 

[Forty_Sixand2]

I dread the Strasburg, Zimmermann and Harper deals but we do have the richest owners in baseball so who knows......

 

[Clayton]

You're supposed to pay for future performance not past performance

 

[Taz_Hokie]

But he had the best Batting Average for three straight years!!

He is that good!

But he won't be that good in 6-7 years.

 

[steveringo]

But he won't be that good in 6-7 years.

But what if his Batting Average is still good?

 

[element1286]

Might be the dumbest deal in ML history considering they decided to negotiate when he was in his absolute prime with two years left on his current deal for literally no reason.

 

[boogiewithstu2007]

Somewhere Alex Rodriguez is on the horn with his agent demanding he get's 1 dollar more than Cabrera!!!

 

[gowazzu02]

Well atleast he wont go sign with the yankees.....

 

[LogicMan]

It use to be these studs made it to free agency......no more. Teams will pay these contracts and they dont want their stars taking away by the Yanks, Dodgers or Sox. Cano deal does not look so crazy now eh?

 

[Fountain City Blues]

Are you sure this contract is as big as your eyes tell you up front?


Miguel Cabrera?s Contract Not Close to Biggest Ever | FanGraphs Baseball

 

[podsox]

what was the rush to extend him? he was still under contract for 2 more seasons

 

[Lions=TeHsUcKs]

The timing and years are completely off and I agree with the rest here..

 

[Nyfan1980]

Why do teams continue to give 30+ year old players 10 year contracts? They never work out.

 

[Fountain City Blues]

Why do teams continue to give 30+ year old players 10 year contracts? They never work out.

Because the market demands as such. And there will almost always be a freespending team ready to take on the ridiculous contract.

 

[da55bums]

Are you sure this contract is as big as your eyes tell you up front?


Miguel Cabrera?s Contract Not Close to Biggest Ever | FanGraphs Baseball

great article....

 

[gowazzu02]

Why do teams continue to give 30+ year old players 10 year contracts? They never work out.

Hilarious coming from a yanks fan....why? Because the yankees started the trend, now its market standard......thank george for it