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.

Angels move Garrett Richards to 60-day disabled list

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Angels’ right-hander Garrett Richards has been moved to the 60-day disabled list, according to a team announcement on Saturday. Richards was originally placed on the 10-day disabled list in early April after sustaining a right biceps cramp during his first start of the season. No timetable has been given for his return to the mound, though Pedro Moura of the Los Angeles Times speculates that his return date could be pushed back to June.

While the Angels report that Richards is making some progress in his recovery, he’s still experiencing some “irritation of the cutaneous nerve,” which could be preventing him from working back up to full strength. The veteran righty already missed 154 days of the 2016 season after suffering a UCL injury, and opted for biometrics surgery to repair the ligament rather than undergoing a more intensive Tommy John procedure.

This is Richards’ seventh season with the Angels. He last pitched a full, healthy season in 2015, delivering a 3.65 ERA, 3.3 BB/9 and 7.6 SO/9 over 207 1/3 innings. He’s currently one of eight Angels pitchers serving time on the disabled list, including left-hander Andrew Heaney and right-handers Cam Bedrosian, Andrew Bailey, Vicente Campos, Huston Street, Mike Morin and Nick Tropeano.

Video: Adam Rosales has the fastest home run trot in MLB, again

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When it comes to home run trots, Adam Rosales is still the guy to beat. The Athletics’ shortstop led off the first inning of Saturday’s matinee against the Mariners with a solo shot to center field, and made it all the way around the bases in record time — 15.9 seconds, to be precise. That’s 0.06 seconds faster than the previous record, which Rosales set himself last September on a 15.96-second run.

In fact, as MLB.com’s Michael Clair points out, Rosales holds eight of the 10 fastest home run trots recorded by Statcast. (The other two, naturally, belong to the Reds’ speedy center fielder Billy Hamilton.) Eight of those 10 trots were recorded in 2016, with Rosales gradually inching his way toward the 15-second mark.

The blast was the first of two home runs for the A’s, who tacked on a couple of runs with Ryon Healy‘s two-RBI homer and capped their 4-3 win over the Mariners with a productive out from Khris Davis in the third inning. It’s the fifth straight victory for the A’s this week.