Breaking down Josh Hamilton’s five-year, $125M contract

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Alden Gonzalez of MLB.com has the full season-to-season financial breakdown of Josh Hamilton’s new five-year, $125 million agreement with the Angels:

2013: $15 million
2014: $15 million
2015: $23 million
2016: $30 million
2017: $30 million

The deal also includes a $10 million signing bonus, access to a luxury suite and a full no-trade clause. The remaining $2 million will be given to a charity.

It’s a pretty back-loaded contract, much like the 10-year, $240 million pact signed last offseason with Albert Pujols.

As our own D.J. Short notes on Twitter, the Angels will be paying Pujols and Hamilton a combined $55 million in 2016 and $56 million in 2017. And they’ll both be in their mid-to-late 30s at that point.

Report: Glen Perkins will retire from baseball

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According to MLB.com’s Rhett Bollinger, Twins GM Thad Levine told 1390 Granite City Sports that reliever Glen Perkins will retire.

Perkins, 34, has battled shoulder injuries over the last two years, limiting him to a total of 7 2/3 innings between 2016-17. His decision doesn’t come as much of a surprise given the circumstances. The Twins declined his $6.5 million club option back in October, making him a free agent.

Across parts of 12 seasons, all with the Twins, Perkins compiled a 3.88 ERA with 120 saves and a 504/158 K/BB ratio in 624 1/3 innings. He ranked among baseball’s best closers from 2013-15, racking up 102 of those saves with a 3.08 ERA. The lefty made the American League All-Star team in each of those three seasons.