Miguel Cabrera

UPDATE: Miguel Cabrera, Tigers agree to extension; will make $292M over next 10 years

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UPDATE: CBS Sports’ Jon Heyman reports that the deal includes two vesting options valued at $30 million each. If Cabrera maxes out the deal, he could make as much as $352 million over 12 years.

6:56 p.m. ET: The new money in the deal works out to eight years and $248 million, per FOX Sports’ Jon Paul Morosi. That’s an AAV (average annual value) of $31 million, which would surpass Clayton Kershaw for the highest in baseball history.

The total commitment over the next 10 years will be around $292 million. That figure was first floated by Chris Cotillo of MLB Daily Dish.

6:37 p.m. ET: According to ESPN’s Jerry Crasnick, the extension will be for 10 years and just under $300 million. The deal includes the two years remaining on Cabrera’s current contract and eight additional years. It will take him through 2023 and his age-40 season.

Cabrera was set to make $44 million from 2014-2015, so depending on the structure, the deal could include around $250 million in new money. That would put him in the stratosphere of the two Alex Rodriguez contracts ($275 million and $252 million), which are the richest in baseball history. Albert Pujols and Robinson Cano ($240 million) are tied for third.

6:15 p.m. ET: FOX Sports’ Jon Paul Morosi reports that the new deal will add at least six years on to Cabrera’s current contract, which is set to expire after 2015. He will receive an AAV (average annual value) of around $30 million in those six years, which means that the Tigers’ commitment to Cabrera over the entire eight-year span will be at least $224 million. We should know more soon.

6:06 p.m. ET: CBS Sports’ Jon Heyman reports that the Tigers and Cabrera have reached agreement on an extension. It’s believed to be for at least seven years.

FOX Sports’ Jon Paul Morosi hears that the AAV (average annual value) is expected to be around $30 million, which would be a new record for a position player. If these reports are accurate, we’re likely looking at a guarantee of at least $210 million.

5:30 p.m. ET: Detroit may have missed its chance to extend Max Scherzer’s contract before he hits the open market, but Jon Heyman of CBSSports.com reports that the Tigers are close to a long-term contract extension with two-time MVP Miguel Cabrera.

Cabrera has two more seasons remaining on an eight-year, $152 million deal, with $22 million salaries owed in 2014 and 2015, but so far at least there’s no word on the specifics of the extension.

This is Cabrera’s age-31 season and he followed up winning the traditional Triple Crown in 2012 by winning the sabermetric Triple Crown last season, leading the league in batting average, on-base percentage, and slugging percentage. Combined over the past four seasons he hit .337 with a 1.037 OPS while averaging 39 homers, 40 doubles, 88 walks, and 127 RBIs.

Albert Pujols’ ten-year, $240 million deal with the Angels and Joey Votto’s ten-year, $225 million deal with the Reds would seemingly be pretty good starting points for a Cabrera extension and it’s tough to imagine him getting less than $200 million considering Prince Fielder got $214 million from the Tigers as a free agent two offseasons ago.

Diamondbacks sign Jeff Mathis to a two-year, $4 million deal

SAN DIEGO, CALIFORNIA - JUNE 14:  Jeff Mathis #6 of the Miami Marlins hits a grand slam during the first inning of a baseball game against the San Diego Padres at PETCO Park on June 14, 2016 in San Diego, California.   (Photo by Denis Poroy/Getty Images)
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The Diamondbacks announced on Monday that the club signed catcher Jeff Mathis to a two-year, $4 million contract.

Mathis, 33, isn’t much with the stick as he owns a career .197/.254/.308 triple-slash line over parts of 12 seasons in the majors. The veteran, though, is well-regarded for his ability to play defense, call games, handle a pitching staff, and get along with his teammates in the clubhouse. As Craig mentioned last year, Mathis is often talked about as a future manager.

As the D-Backs non-tendered Welington Castillo on Friday, Chris Herrmann and Mathis are the team’s two catchers as presently constructed.

Jimmy Rollins wants to play in 2017

ARLINGTON, TX - MAY 10:  Jimmy Rollins #7 of the Chicago White Sox at Globe Life Park in Arlington on May 10, 2016 in Arlington, Texas.  (Photo by Ronald Martinez/Getty Images)
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ESPN’s Buster Olney reports that free agent shortstop Jimmy Rollins wants to continue playing in 2017.

Rollins, 38, signed a minor league deal with the White Sox for the 2016 season but hit a disappointing .221/.295/.329 over 166 plate appearances. The club released Rollins in the middle of June and he did not sign with a new team. He did join TBS as part of their playoff coverage.

Rollins is almost certainly looking at another minor league contract and will have to earn his way onto a major league roster by performing well in spring training.