Angels finalize five-year, $125 million contract with Josh Hamilton

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FOX Sports’ Ken Rosenthal reports that Josh Hamilton has passed his physical with the Angels, making his new five-year, $125 million contract is official. He’s scheduled to be introduced at a news conference in Anaheim at 2:30 p.m. ET this afternoon.

Per Alden Gonzalez of MLB.com, Hamilton’s contract includes a no-trade clause and is slightly backloaded. He will make $15 million in the first year of the contract.

Hamilton’s $25 million AAV (average annual value) ties him with Ryan Howard for the second-highest in baseball, trailing only Alex Rodriguez’s $27.5 million AAV. Hamilton’s new teammate Albert Pujols has an AAV of $24 million on his deal.

The addition of Hamilton creates a logjam in the Angels’ outfield which could cause the club to listen to trade offers for Peter Bourjos, Mark Trumbo or Kendrys Morales. The Angels are likely stuck with Vernon Wells, who is owed $42 million over the next two seasons.

Kyle Schwarber has lost 17-20 pounds

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As is offseason tradition, the first of player-shape reports are trickling in. These usually use some variation of the phrase “best shape of [my/his] life.” This one, though, avoids that at least.

According to ESPN’s Jesse Rogers, Cubs outfielder Kyle Schwarber has lost 17-20 pounds so far this offseason. Schwarber said that he’s “already big and strong,” so “might as well try to get more explosive, faster.”

Though Schwarber knocked out 30 home runs this past season, his numbers were otherwise pedestrian. He hit .211/.315/.467 with 59 RBI and 67 runs scored in 486 plate appearances.

There has been some speculation that the Cubs will try to trade Schwarber to an American League team where he can be a DH. He’s a subpar defender, so making him a full-time DH makes a lot of sense. So far, though, the only team that has been linked to Schwarber this offseason has been the Red Sox.