Justin Verlander and Tigers agree to $180 million contract

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Justin Verlander was eligible for free agency after the 2014 season, but the former MVP and the Tigers have agreed to a five-year contract extension that will keep him in Detroit through at least 2019.

Verlander was already under contract for $20 million this season and $20 million next season as part of a deal signed in December of 2010. This extension will begin in 2015 and includes a sixth-year option for 2020, which would be Verlander’s age-37 season.

According to Buster Olney of ESPN.com the total value of the deal if his existing 2013 and 2014 salaries are included is $180 million and the contract could be worth as much as $202 million if the 2020 option gets picked up. Which, if I’m doing the math correctly before official numbers are released, essentially means the five-year extension is worth $140 million or $28 million per season.

Huge, huge money, as $180 million tops Felix Hernandez’s short-lived record for pitchers of $175 million, although the stage is still set for Clayton Kershaw to become the first $200 million pitcher.

Verlander won the Cy Young and the MVP in 2011, finished runner-up for the Cy Young last season, and led the league in innings pitched in three of the past four years. During that four-year stretch of 2009-2012 he led all MLB pitchers in wins, starts, strikeouts, and Wins Above Replacement while ranking second in innings and fifth in both ERA and strikeout rate.

Massive long-term commitments to pitchers are awfully scary no matter the circumstances–with this week’s Johan Santana news providing the most recent cautionary tale–but no pitcher has been better or more durable than Verlander through age 29.

Yasiel Puig’s one-game suspension has been rescinded

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MLB.com’s Ken Gurnick reports that Dodgers outfielder Yasiel Puig‘s one-game suspension has been rescinded. Instead, he will make a charitable donation. The alternative “punishment” was agreed to by Major League Baseball and the Players’ Association.

Puig was suspended one game two weeks ago after flipping off some hecklers at Progressive Field in Cleveland. Puig showed remorse after the game, saying, “I stooped to their level.”

Entering Tuesday night’s action, Puig was batting .251/.331/.458 with 14 home runs and 41 RBI in 287 plate appearances.

Video: Adrian Beltre hits his 450th career home run

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Rangers third baseman Adrian Beltre picked a good time to hit his 450th home run. With the game tied 1-1 in the top of the ninth inning, Beltre took the first pitch he saw from closer Cody Allen for a ride, sending it into the left field seats at Progressive Field to break the tie.

The Rangers would go on to win 2-1. Beltre finished 2-for-4. He now has 2,969 career hits, leaving him 31 shy of becoming the 31st member of the 3,000 hit club.

On the season, Beltre is hitting .303/.373/.562 with five home run sand 22 RBI in 102 plate appearances.