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Trout extends for $144.5 million, Angels buy out 3 years of FA


caulfield12
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http://espn.go.com/los-angeles/mlb/story/_...-year-extension

 

 

 

The Angels and outfielder Mike Trout agreed Friday to a six-year contract extension that guarantees him $144.5 million.

 

 

The Angels will formally announce the deal Saturday at Angel Stadium, before the Freeway Series finale against the Dodgers.

 

The new deal covers Trout's three arbitration years and buys out his first three years of free-agent eligibility. The deal includes a no-trade clause but does not allow Trout to opt out of the deal at any point, according to people familiar with its structure.

 

The Angels had hoped for a longer deal. When the extension concludes, after the 2020 season, Trout can become a free agent, at 29.

 

Trout will make $1 million this season, under a contract signed last month. The extension takes effect next season, so the Angels will be able to avoid paying a luxury tax this season.

 

Trout, 22, is widely considered to be the best player in baseball. He was the runner-up to Miguel Cabrera of the Detroit Tigers as American League most valuable player in each of his first two major league seasons.

 

 

http://www.latimes.com/sports/sportsnow/la...y#ixzz2xK819KWI

Edited by caulfield12
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QUOTE (Jordan4life @ Mar 29, 2014 -> 12:19 PM)
Does Trout have any other endorsements besides subway? We should see him in as many commercials/ads that would rival LeBron. Kid is that good.

Nike has him, along with a sports drink called bodyarmor

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QUOTE (Rowand44 @ Mar 29, 2014 -> 01:15 PM)
I know, the extra 3 years could have made it even more outrageous though.

The other way to think about it...he'll still be prime age and that's 3 more years of "rising contracts". 12/$500 could still sound plausible.

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QUOTE (flavum @ Mar 29, 2014 -> 02:32 PM)
2015: $5.25 million

2016: $15.25 million

2017: $19.25 million

2018: $33.25 million

2019: $33.25 million

2020: $33.25 million

 

Taken after Jared Mitchell. (Sorry. Couldn't resist.)

 

$99.75 million for three years on a deal 3 years from free agency. That is just insane.

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QUOTE (Balta1701 @ Mar 29, 2014 -> 09:37 AM)
Interesting to see the level of hoops the Halos are jumping through in this deal to stay under the luxury tax level this year. You can tell where those deals for Hamilton and Pujols are really squeezing them.

 

The Halos were still complete idiots for spending that kind of money on Pujols personally...and I honestly think Pujols was an idiot for leaving St. Louis. He's kind of drifted off into obscurity...

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QUOTE (Wanne @ Mar 29, 2014 -> 06:20 PM)
The Halos were still complete idiots for spending that kind of money on Pujols personally...and I honestly think Pujols was an idiot for leaving St. Louis. He's kind of drifted off into obscurity...

I don't think that "Staying in St. Louis" would have somehow helped him stay healthy, do you?

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