More details of Albert Pujols’ contract with the Angels

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Jerry Crasnick of ESPN.com reported yesterday that Albert Pujols’ 10-year contract with the Angels is extremely backloaded, including salaries of $12 million in 2012 and $16 million in 2013 and jumping to $30 million at its conclusion. Now Jon Heyman of CBSSports.com has some more details.

According to Heyman’s sources, Pujols is actually guaranteed $250 million from the Angels, not the $254 million sum that has been widely reported. This includes $10 million in “personal services” obligations to the Angels’ organization following his retirement, so he’ll be paid a total of $240 million from 2012-2021. It’s not clear whether the personal services contract will be counted toward the luxury tax.

Here’s the breakdown by year:

2012: $12 million
2013: $16 million
2014: $23 million
2015: $24 million
2016: $25 million
2017: $26 million
2018: $27 million
2019: $28 million
2020: $29 million
2021: $30 million

Per a report by Tim Brown of Yahoo! Sports earlier this month, Pujols will get an additional $3 million from the Angels if he reaches 3,000 hits and $7 million if he tops Barry Bonds’ all-time record of 762 career home runs. While Heyman has the deal potentially topping out at $260 million, Crasnick reported yesterday that he could earn $265 million with additional incentives.