Breaking news out of Rockies camp.
The Colorado Rockies and all-star third baseman Nolan Arenado have agreed on an 8 year, $260 million contract extension with an Opt-out after the third season and a FULL No trade clause.
This contract now makes Arenado, on average, the highest paid position player in the league, with an average annual salary of $32.5 million per year.
BREAKING: Third baseman Nolan Arenado and the Colorado Rockies are finalizing an eight-year, contract extension worth more than $255M, league sources tell ESPN. Deal includes an opt-out after three years, would give Arenado the largest per-year salary of any position player.
— Jeff Passan (@JeffPassan) February 26, 2019
Arenado, 27 years old, has been one of the best all-around players in all of baseball since coming into the league in 2013. He has won a gold glove every year he’s been a professional and is widely considered one of the best defensive players of this generation. He is fresh off of his fourth straight season of at least 35 home runs and 100 RBI’s, and has finished in the top 10 in MVP voting in each of those years.
A growing thought was that the Rockies were either going to trade Arenado away and begin a rebuild or that Arenado would simply walk after his rookie contract expired this offseason. Those rumors have been emphatically shut down with the announcement of this deal.
The deal will carry Arenado through his age 36 season, essentially making him a Rockie for life, barring and unexpected Opt-out.
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