According to reports, the Miami Marlins and outfielder Giancarlo Stanton are in agreement on the value and length of the 25 year old’s record breaking MLB deal. The contract is nearing completion and an announcement is expected shortly.
While there is zero word on a potential announcement, the Marlins and Giancarlo Stanton have agreed, in terms, to a record breaking 13-year $325 million contract. The deal, which is set to last through the 2027 season, will include an early opt-out clause. In addition to this, Stanton will also be granted a no-trade clause provision.
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The contract is not only the largest in baseball history, it is also the most lucrative deal in North American sports history. The deal would surpass the 10 years and $292 million that 1B Miguel Cabrera’s 8-year extension ($248 million) give him over the life of that contract. Stanton, 25, is coming off of the best season of his young career. Despite missing the last few weeks of the season after getting hit in the face by a wild pitch, he led the National League with 37 home runs, a .555 slugging percentage, 299 total bases, and 24 intentional walks. He finished runner up to SP Clayton Kershaw in the National League MVP voting.
Bottom line? The Miami Marlins are coming to play next season; and they are serious. Jeffrey Loria, an owner notorious in baseball circles for low budget payrolls, has done his best before to try to shed that label. He signed SS Jose Reyes, SP Mark Buerhle, and closer Heath Bell after the 2011 Major League Baseball season with a spending total of $194 million. How long did that experiment last? One year. This could, however, mark the turn of the team’s spending habits. With money like this thrown at one player, it would be a sign that the team is committed towards line up proliferation. The expectation should be that more spending is in the franchise’s future this off-season. As a word of precaution, no team with a single player making more than 20% of their team’s payroll has ever won the World Series.
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