https://www.espn.com/mlb/story/_/id/39409250/tigers-sign-infield-prospect-colt-keith-6-year-286m-deal

His deal includes three team options that could make it worth $64 million over nine seasons, and the Tigers said there are escalators that increase the value to $82 million over nine years.

A left-handed-hitting third baseman and second baseman, Keith is from Zanesville, Ohio, and was a fifth-round pick in the 2020 amateur draft out of Biloxi High School in Mississippi.

 

The Milwaukee Brewers agreed last month to an eight-year, $82 million contract with 19-year-old outfielder Jackson Chourio, the largest contract for a prospect with no major league service.

Edited January 29, 20242 yr by caulfield12

14 minutes ago, caulfield12 said:

https://www.espn.com/mlb/story/_/id/39409250/tigers-sign-infield-prospect-colt-keith-6-year-286m-deal

His deal includes three team options that could make it worth $64 million over nine seasons, and the Tigers said there are escalators that increase the value to $82 million over nine years.

Okay, this makes more sense now.

"Life-changing moment for Colt," Matt Paul (his agent) told the Free Press on Sunday afternoon. "He put himself in a position to secure enough money financially to where, regardless of what happens, his family should be well taken care of, him and his fiancée. Our philosophy was to make sure we were flexible in our approach to these conversations. If the player has interest in potentially pursuing this type of opportunity, it's our job to do a complete analysis of the potential market. We did a complete analysis."

The Tigers, under former general manager Al Avila, selected Keith at No. 132 overall in the fifth round of the abbreviated 2020 draft out of Biloxi High School in Mississippi. He was a shortstop in high school, and committed to Arizona State, but switched to second base and third base in the minor leagues.

"Colt has done everything we've asked of him during his young career," Tigers president of baseball operations Scott Harris said in a statement, "improving all facets of his game and asserting himself as one of the sport's most promising young players. This contract demonstrates our faith in Colt and this organization's commitment to acquire, develop and retain young talent."

https://www.freep.com/story/sports/mlb/tigers/2024/01/28/detroit-tigers-sign-colt-keith-to-deal-worth-up-to-82-million-9-years-contract-extension/72388149007/

Another thing to consider is fifth round draft picks never get massive extension offers...at least not until now...they face FAR more criticism and scrutiny than first rounders ever do within an organization.

 

Colt Keith thinks like Conor McGregor, plays like Joey Votto, looks like Detroit Tigers' best prospect. It's a lesson learned from his father. Colt Keith tries to simplify everything about his game.

can't link to this Detroit Free Press article because I'm not a subscriber.

 

 

 

8 hours ago, southsider2k5 said:

If he is even an OK regular he is leaving 10s of millions on the table and not even getting a double digit salary or 7th year for it.

But what if he falls short of being an ok regular? It's gotta be hard to pass up being set for life.

I think the lack of defense/position probably limits his earning cap a bit more than the typical case.