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The Detroit Tigers know better than to let Miguel Cabrera get away. The Tigers and their two-time reigning AL MVP have agreed to a new contract that should keep Miggy in a Tigers uniform until he retires. The deal was first reported by CBS Sports' Jon Heyman.
We don't know the exact terms yet, but various media reports suggest that Cabrera will be making nearly $300 million over the next 10 years. Jon Morosi of Fox Sports reports Cabrera's extension is worth $248 million over eight years. Add that to $44 million that Cabrera is due in 2014 and 2015 under his current contract and that's $292 million over 10 years. That matches what ESPN's Jerry Crasnick reported, a 10-year deal "just under $300 million." The deal will keep Cabrera with the Tigers through 2023.
Cabrera's extension on its own doesn't break any records immediately. Once Cabrera's contract hits its extension years, it would top Clayton Kershaw's recent deal with the Dodgers for highest annual value, so long as nobody else signs a bigger deal soon. The AAV on Kershaw's deal is $30.7 million. The extension portion of Miggy's contract has an $31 million AAV.
We don't know the exact terms yet, but various media reports suggest that Cabrera will be making nearly $300 million over the next 10 years. Jon Morosi of Fox Sports reports Cabrera's extension is worth $248 million over eight years. Add that to $44 million that Cabrera is due in 2014 and 2015 under his current contract and that's $292 million over 10 years. That matches what ESPN's Jerry Crasnick reported, a 10-year deal "just under $300 million." The deal will keep Cabrera with the Tigers through 2023.
Cabrera's extension on its own doesn't break any records immediately. Once Cabrera's contract hits its extension years, it would top Clayton Kershaw's recent deal with the Dodgers for highest annual value, so long as nobody else signs a bigger deal soon. The AAV on Kershaw's deal is $30.7 million. The extension portion of Miggy's contract has an $31 million AAV.
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